Tungsten powder prices continue downward, factory shutdowns in succession

New Year's Day after the tungsten market temporarily disadvantaged steady, end demand continues to slump, tungsten smelter home more cautious, waiting for the guide price and pan-Asian action, tungsten rarely traded spot market, dragged down by the transaction difficulties, and other parts of tungsten carbide products today offer interval low exploratory downside, native tungsten market has 210 yuan / offer kilograms.

Due to lower underemployment, tungsten powder difficult to take the goods market as a whole, prices are still slow down, home smelter production enthusiasm is low, this month will come shutdowns, short-term market or steady weakening. It is understood that the native tungsten concentrate on the current market price of the mainstream 207-212 yuan / kg, mainstream tungsten powder concentrated in 210-213 yuan / kg.


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