Tungsten Market Report November 2012
2012-12-10 17:56:08 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
In November, tungsten market ran slowly with thin transactions, but raw material price increased
. Major buyers entered into the market and stored raw material to push up tungsten concentrate price . Although the terminal demand was dull, tungsten concentrate price moved up due to tight supply . According to higher tungsten concentrate price, APT and tungsten carbide powder prices followed the suit . With approaching of the end of the month, tungsten concentrate traders released stocks for recouping funds, and the price moved down slightly . In the following month, terminal demand has no sign to improve, and most market participants do not hold confidence towards future market . However, raw material price may go up further if major buyers keep storing.