current position：Information and data>Tungsten Market in China - Oct. 16, 2017
Trading volumes in tungsten market were thin last week.
Downstream enterprises slowed down their paces to purchase, which was
hard to stimulate consumption of demand at the upstream market. Market
confidence that is difficult to be built is one of the factors making
tungsten price keep falling.
Tungsten market was weak last week, considering the current situation,
this week’ may remain weak adjustment. But in the long term, it will be
rosy. On the one hand, with the continuous decline of tungsten prices,
bearish factors will be digested by the market. On the other hand, there
is a lot of uncertainty in the policy and macro as the 19th National
Congress is at the corner, so the price is unlikely to fall in the
latter market.
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