Ferro Tungsten Price Remains Strong on January 12, 2021

Details: Category: Tungsten's News; Published on Wednesday, 13 January 2021 18:33

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten power prices in China continue to remain strong in the week began on Monday January 11, 2021 due to tightening availability of raw materials and active trading activity.

Recently, the weather in China has been very cold, plus with the environmental protection inspection and power limited of tungsten factories increase the difficulty of mining and transportation, raw material sellers have strong rised mentality and low-price resources are hard to find in the market. No high-price transactions are reported now.

For downstream buyers, they are worried about the continued impact of Covid-19 for the trading environment. Some of buyers remain cautious about stocking, but most of them carry out their purchasing plans with the approaching of Chinese Spring Festival. In the short term, the market will be relatively active.

Prices of tungsten products on January 12, 2020

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