Contact Person : Jessica Chan
Phone Number : 008673128338033
WhatsApp : +008615898599700
February 1, 2019
Offer of raw wolfram cobalt material is stable currently,Almost all factories and workshops restart production after Chinese Lantern Festival, supplying and demanding of tungsten carbide field remain a stalemate.
China is the largest supplier country of tungsten carbide raw material,the annual output of 2018 is 81,9000 tons,declined 3.73% year-to-year,it is always oversupplied during recently years,which is the main reason of low price. During 2017-2018 ,in the market of tungsten carbide raw material,the more and more strict policy on environment protection and promotion of large manufacturer lead to the bankrupt of some manufacturers, most of the supplying sides let go of their raw material goods,but the demanding tungsten carbide factories is passive with existed stock in warehouse so that the market is still desolate.
As expection of large insituatte,along with new policy of production and tax,price of raw tungsten material will be stable with a slight decline. Overall, stable supplying and slow increasing on demand,it is a promising trend of tungsten carbide field.
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