Tungsten Market Report March 2013
2013-04-08 16:00:49 【Print】
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Chinese tungsten market participants went back to the market in March, and the operating rate for tungsten factories recovered
. However, as the downstream demand was weak, the tungsten market kept quiet, and the trading volume did not reach the expected level . At the beginning of this month, offering prices kept at a relatively high level . But as demand never recovered, the tungsten market prices went down from mid-March . The tungsten market saw some lower offers, whilst customers were still largely inactive in making deals . At the end of month, as some tungsten companies purchased materials in relatively large quantities, the tungsten suppliers were not eager to sell materials, and the tungsten offers increased slightly .