China Tungsten Market Maintains Stability after the Holiday of Spring Festival

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market maintains stability after the holiday of Spring Festival as most market participants take a watchful stance without any guidance in the market. 

The operating rate of mining companies remains low level. Some of them plan to resume work after the Lantern Festival. Moreover, the overall production capacity will also be affected by relevant environmental protection policies before the Two Sessions in March. APT companies resume work gradually, but the release of capacity will take a certain period. For the tungsten powder market, most companies operate normally during the holiday. Some of them are scheduled to take a break in March.

At present, the tungsten market is still driven by the cost side, and market participants have strong rised mentality. But how the late market performs remain unclear. 

Prices of tungsten products on February 20, 2021

China tungsten market image

Picture of tungsten acid 

tungsten acid image

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