
Analysis of Latest Tungsten Market from Chinatungsten Online This week, the tungsten market continued to rise, with tungsten raw material prices increasing by over 2%, driven by tight supply, cost pressures, and confidence bolstered by upward adjustments in long-term contracts by tungsten enterprises. However, demand has shown no significant improvement, with rising raw material prices and global economic uncertainties intensifying buyer caution. (I) Current Prices of Major Tungsten Products 65% Wolframite Concentrate: RMB 154,000/ton, limited supply, bullish sentiment, low trading…