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China Tungsten Price Maintains Stability on Weak Consumption

Posted by: Chris Na 2021-10-31 Comments Off on China Tungsten Price Maintains Stability on Weak Consumption

China tungsten Price Maintains Stability on Weak Consumption

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Category: Tungsten’s News
Published on Thursday, 18 October 2018 18:44

Analysis of latest tungsten market from China Tungsten Online

China tungsten price is generally stable, raw material market by the cost of support mentality is still strong, foreign quotation last agent on high, and the back-end enterprise procurement is still cautious, waiting for the follow-up of the actual order volume. 

Due to the downstream products price feedback influenced by weak consumption end slightly lagging, the buyer's market mentality is different from the upstream. The market is still maintaining the main demand transaction, and the transaction negotiation is limited.

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