The Latest Quotes for Tungsten Raw Materials from Institutions Slightly Edge Lower

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remain stable, with the latest quotes for tungsten raw materials from institutions and large tungsten enterprises being announced, either steady or slightly adjusted upwards. 

This reflects a cautious market attitude, with both supply and demand weakening and the uncertainty of the international political and economic environment exacerbating the deadlock in market trading. Additionally, with companies gradually resuming operations after the Spring Festival, the operating rate is still in the recovery stage, leading to limited liquidity in the market, and tungsten market conditions remain stable.

Cobalt prices are in a weak and stable cycle, with insufficient market consumption momentum and weak trading atmosphere. The market continues to grind downward. While the old-for-new subsidy policy for consumer electronics and digital products offers some benefit to demand, the overall pressure of oversupply still exists in the industry.

Prices of tungsten products on February 7, 2025

Picture of cut-resistance tungsten wire 

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