Analysis of latest tungsten market from Chinatungsten Online

Opening this week, Chinese tungsten prices are unchanged from last week when the raw material markets features tight supply and firm offers with more and more manufacturers stop quoting at the end of the year. But high-price transactions are hardly concluded despite raw material sellers keep good confidence. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in China maintained stability in the week ended on Friday December 27, 2019 as the whole industry is in a stalemate at present. The tungsten prices will continue this trend in the short term, keeping in line with offer levels from listed tungsten companies. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese ferro tungsten and tungsten powder prices remain stable as most of insiders take a watchful stance in the market. With the approaching of New Year, downstream users are not willing to stock up, so prices got less support. Most listed tungsten companies tend to stabilize in December concluded from their offers. 

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