NewsFlash / Minor Metals / Tungsten Market Advances with Temporary Price Stability; Long-Term Orders Hold Firm, Spot Negotiations Hover at RMB 208K/T
Tungsten Market Advances with Temporary Price Stability; Long-Term Orders Hold Firm, Spot Negotiations Hover at RMB 208K/T
iconSep 9, 2024 17:50
Source:SMM
[SMM Analysis: Supply and Demand Market Moves Forward with Temporary Stability in Tungsten Prices] Long-term order deliveries remain stable, with spot price negotiations centering around RMB 208,000 per ton. Although trading volume has weakened, some smelters have replenished their inventories at lower prices earlier, which has alleviated the overall market inversion...

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