Monthly Tungsten Market Report Jul 2019

1. Market Highlights

In July, as prices for almost all tungsten products decreased in different degrees compared with last month, suppliers were reluctant to sell out their products although downstream demand was soft for a long time. Many APT plants had to stop production, either did some tungsten carbide powder factories.Asian Metal Copyright Therefore, the tungsten spot market kept getting into the stalemated status.Asian Metal Copyright Nevertheless, discouraged by the stagnant market and the newly development of Fanya event, most downstream consumers only placed orders from hand to mouth.Asian Metal Copyright Many APT plants had to stop production, either did some tungsten carbide powder factories.Asian Metal Copyright Therefore, the tungsten spot market kept getting into the stalemated status.
.Asian Metal Copyright Therefore, the tungsten spot market kept getting into the stalemated status.Asian Metal Copyright