The tungsten market is currently entering a typical "stable prices with shrinking volume" phase ahead of the holiday season. High raw material costs and suppliers' expectations for post-holiday market conditions jointly support prices, with firm mainstream offers and limited room for concessions. However, downstream buyers show low acceptance of high prices, leading the market into a phase of bargaining and cautious观望.

Most downstream enterprises adopt a procurement-on-demand strategy, while some small and medium-sized companies, facing order shortages and financial pressure, have arranged production cuts or holiday closures earlier than usual, further suppressing overall market activity. Both buyers and sellers are awaiting the new round of long-term contract报价 from major tungsten enterprises as a key reference for pre-holiday operations.

Overall, tungsten prices are expected to remain stable with a slight upward bias in the short term, with transactions primarily consisting of small and scattered orders. The market is likely to maintain a pattern of "stable prices with thin trading volume" before the Spring Festival, with post-holiday trends depending on downstream demand and macroeconomic conditions.

HYW provides complete production equipment for tungsten powder and tungsten carbide powder, including Jet mill, reduction furnaces, carbonization furnaces, and automated lines. Consultations are welcome.