Tightening Availability of Low
Analysis of latest tungsten market from Chinatungsten Online: Returning from Tomb-Sweeping Day holiday, a large tungsten enterprise in Fujian province released the first guide prices for April amid APT Cemented Tungsten Carbide price in cash was $ Yg6 Carbide Tips 305.8/mtu, down $5.8/mtu compared with last time. The decline set the tone of weakness for the whole tungsten market last week.
With the decreasing of low-price tungsten raw materials, purchasers became active in enquiry again and the mentality of tungsten concentrate and APY manufacturers improved. Without further favorable news coming out of in the market, insiders will maintain wait-and-see mentality and tungsten price would be hard to rebound.
Prices of tungsten products on Apr. 16, 2018
Picture of tungsten powder
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