Tungsten Market Report September 2013
2013-10-12 08:56:09 【Print】
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Chinese tungsten prices moved up over the first half of 2013 although the demand from the domestic and overseas market kept soft
. However, as demand from the downstream markets did not recover, tungsten prices went back down from the middle of July . The Chinese tungsten market remained sluggish in September, and the trading volume was small in the spot market . Tungsten product prices decreased gradually, especially tungsten concentrate, APT and tungsten carbide powder prices . Many market participants held pessimistic attitudes towards the future market . Suppliers of tungsten materials were keen sellers in the market and were active in making deals . Owing to the decreasing tungsten prices in the Chinese market, the export prices went down accordingly . Some overseas buyers, who intended to add stocks, postponed the purchasing plan and watched the market for a while . Chinese tungsten export market kept quiet in September .