Tungsten Ore Market Move Forward in Weak Level

Core tips: Tungsten ore market is weak currently, the situation of oversupply is hard to ease; demand of ammonium paratungstate keeps low while ferro tungsten price goes down slightly to ￥173,000.00, the highest price could reach ￥180,000.00.

The situation of tungsten market: Tungsten ore market is weak currently, the situation of oversupply is hard to ease; demand of ammonium paratungstate keeps low while ferro tungsten price goes down slightly to ￥173,000.00, the highest price could reach ￥180,000.00. Likewise, the prices of tungsten carbide powder is easing as well, high level quotation is few. The tungsten concentrate and scrap tungsten steel prices moved down slightly in the recent days, but most of the consumers mainly consumed the stocks and were still inactive in purchasing materials. Chinatungsten Online forecasts tungsten metal market remains sluggish as New Year vocation is coming. 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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