Tungsten Market Report May 2016
2016-06-24 08:46:19 【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 early May, suppliers continued to lift their quotations tentatively and some speculators took part in the market, resulting in an irrational high pricing in the tungsten market
. However, consumers were not interested in making large-tonnage purchases and only made hand to mouth purchases . Since mid-May, as demand was expected to weaken further, some traders started underselling their stocks, driving down the price in the market . It is expected that the price in the Chinese tungsten market will edge down further over the coming month.