The Tungsten Market in January 2025 Showed Steady Trend
- Details
- Category: Tungsten's News
- Published on Wednesday, 05 February 2025 18:51
Analysis of latest tungsten market from Chinatungsten Online
The tungsten market in January 2025 showed steady trend, mainly due to the approaching Chinese New Year, with more companies planning maintenance and holidays.
The tightening of supply resources has led to an upward shift in market price quotes, resulting in a strong price conclusion for tungsten.
On the demand side, after the initial stocking for essential needs, purchasing activity has cooled down, and actual market transactions remain sluggish. On the macro front, the change of administration in the United States has drawn widespread attention, and the unpredictable international political and economic situation has caused market participants to adopt a cautious wait-and-see approach.
Prices of tungsten products on February 5, 2025
Picture of tungsten plate
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