Tungsten Concentrate Price in China Shows Signs of Decline Owing to Low Trading Activity
- Details
- Category: Tungsten's News
- Published on Friday, 30 April 2021 14:22
Analysis of latest tungsten market from Chinatungsten Online
The ferro tungsten and tungsten powder prices in China remain stable owing to low buying appetite of downstream and cautious sentiment of participants with the approaching of Labour Day holiday.
Tungsten concentrate price shows signs of decline as suppliers are will to sell their products. With the impact of gradual recovery in global industry and economy, traders have high expectation for the outlook, but will continue to wait and see in the short term.
Although listed tungsten companies raised their bid prices for the market, the confidence in the ammonium paratungstate (APT) market remains weak and APT price stabilizes without the support from the demand. As for the tungsten powder market, new increased orders are limited and factories mainly carry out their long-term contracts. Most traders would wait for the next move in the raw material market.
Prices of tungsten products on April 29, 2021
Picture of tungsten disk
Follow our WeChat to know the latest tungsten price, information and market analysis.
- Tungsten Manufacturer & Supplier, Chinatungsten Online: www.chinatungsten.com
- Tungsten News & Prices of China Tungsten Industry Association: www.ctia.com.cn
- Molybdenum News & Price: news.molybdenum.com.cn
- Tel.: 86 592 5129696; Fax: 86 592 5129797; Email: sales@chinatungsten.com