Domestic tungsten prices have fallen by about 60% since their all-time high in March of this year, and there is still a lack of initiative in market trading. The pace of warehouse preparation for downstream terminals fell short of expectations. The supply side continued to have a low operating load. Market transactions were mostly carried out through a single negotiation method. Cautious wait-and-see sentiment was rife before the two holidays, and prices were weakly settled.

Domestic tungsten prices have fallen by about 60% since their all-time high in March of this year, and there is still a lack of initiative in market trading. The pace of warehouse preparation for downstream terminals fell short of expectations. The supply side continued to have a low operating load. Market transactions were mostly carried out through a single negotiation method. Cautious wait-and-see sentiment was rife before the two holidays, and prices were weakly settled.