Tungsten Market Report September 2015
2015-10-21 09:05:16 【Print】
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Chinese tungsten market continued the quiet trend in September
. Most consumers only purchased according to the demand and kept the minimum inventories . Meanwhile, suppliers had to reduce their quotation continuously to reserve liquidity due to the great financial pressure . Plants generally ran at low operation rates and some of them even halted production . Market participants held the pessimistic attitude towards the future market and expected that the price of the material will drop further in the near future.