Quotes temporarily stable tungsten products sidelines, powder price continue to fall

Tungsten Products sidelines temporarily stable prices, the market continued to fall due to the powder, and tungsten products sluggish downstream demand, so businesses do not intend price, quote temporarily remain intact. Currently tungsten steel offer 260 yuan / kg, high-purity tungsten 290 yuan / kg, waiting Sandvik DTH Hammer for the market concentric drill bits introduction of changes after the guide price. Expected short-term tungsten products market continues steady weakening trend.

Tungsten powder and tungsten carbide prices continue to fall, the current business offer has been as low as 238 yuan / kg, the actual price or less, have been consistent with the regeneration of tungsten prices. Market sentiment is very pessimistic, most businesses have been reluctant transactions with quotes, the overall turnover in the doldrums.


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