Tungsten Market Report April 2013
2013-05-09 16:48:02 【Print】
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As some companies purchased tungsten from late March, the tungsten concentrate and APT prices moved up
. After the Tomb-sweeping Day (from April 4th to 6th), the tungsten market became active in China . Chinese tungsten market prices showed uptrend, however, the demand from the domestic and overseas markets kept weak and the customers were cautious in making deals . Most of the market participants watched the market, and the trading volume was small in the spot market . However, tungsten product offering prices moved up sharply, whilst the concluded transaction prices increased at a far slower pace . Generally speaking, Chinese tungsten market was active in April, but the overseas customers remained inactive in procuring stocks, and the export market was quiet due to the increasing Chinese tungsten offers .