Tungsten Market Report November 2011
2011-12-08 18:11:39 【Print】
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Tungsten market is stable in November, and there are few deals concluded in the market. With the approach of the end of this year, most mines reduce production. Due to limited supply, the price of tungsten concentrate rebounded in the first half of November, and then kept stable. Most terminal consumers purchase tungsten products inactively, and the demand shows little improvement. They are not confident about the future economy situation, and will not rebuild stocks in near term. Therefore, tungsten market has little chance to revive.
