China Ferro Tungsten Price Continues to Tumble on Summer Slowdown

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder markets continue to soften in response to weakening demand with both China and overseas markets entering the summer slowdown. Producers have to slash offer prices to min available considering the current low prices.  

China Seaborne ore prices fell in response to lower offers for August shipments, with some market participants remaining bearish about the near-term outlook due to rising portside stocks and higher-than-expected volumes of cargoes flowing to China (particularly for 37% material). There was good buying interest at prevailing spot-market levels, considered less risky than a few weeks ago, but this was insufficient to outweigh ample supply.

Prices of tungsten products on July 16, 2020

Picture of tungsten trioxide 

Follow our WeChat to know the latest tungsten price, information and market analysis.

• < Prev
• Next >