Tungsten Products Prices are Expected to Rise Steadily

Core tips: tungsten products prices move up constantly, downstream traders are confused how to make next move. The situation of ‘high price but low demand’ intensifies drastically in tungsten product market.

Tungsten miners in China hold confused attitude that only tungsten products prices go up, transaction volume cannot be pushed up relatively. Generally, it is hard to make a deal in tungsten ore market. As to relate tungsten products, demand of ammonium paratungstate (APT) is still very low. It is hard for suppliers to receive order from end user that many factory owners choose to stop producing. Ferrotungsten, which is affected by high purchasing cost, increase its price relatively. The transaction price of ferrotungsten reaches ￥181,000.00/t. Chinatungsten Online expected that general situation of tungsten products market is steady, some of them has slightly change, which is led by guiding tungsten product price. 

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