Tungsten Market Report November 2016
2016-12-21 19:36:19 【Print】
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Demand for tungsten products was weak once again in the Chinese spot market in November as consumers had made replenishments actively in October
. Prices for tungsten products generally stopped from increasing to move downward during November with limited transactions in the spot market. In particular, prices for tungsten concentrate and APT declined by RMB6,000/t (USD863/t) respectively . Despite weak demand, prices for tungsten concentrate increased by about 30% in November compared with the figures in the same period of last year affected by several times of national reserve during the year . And market participants held a cautious attitude in marketing activities during the month.