China Tungsten Price Remains Stable in the Second Half of December, 2021

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remains stable at the beginning of the week despite some raw material suppliers try to raise their offers. Downstream enterprises are not active in stocking up at the end of the year and the whole market is caught in wait-and-see atmosphere. 

Concentrate sellers become cautious with the approaching of the holiday of New Year. The traditional downstream stocking and the pressure on environmental protection during the Winter Olympics have gradually increased, and the bullish sentiment of miners has increased.

In the APT market, manufacturers have slightly different expectations about the market outlook, mainly due to concerns about macro-level instability and the deadlocked relationship between supply and demand. The market spot trading remains quiet. 

In the tungsten powder market, both buyers and sellers are still taking a watchful stance. On the one hand, due to the rebound of the raw material market, the offer was passively followed up; on the other hand, due to the continued weak terminal demand and lack of proactiveness in purchasing and sales, the overall market transaction was more negotiated.

Prices of tungsten products on December 21, 2021

Picture of tungsten acid 

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