Tungsten Market Report October 2013
2013-11-08 10:31:33
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The Chinese tungsten market moved down sharply in August and September, and the decreasing speed slowed down into Q4.Asian Metal Copyright The trading volume did not recover in the spot market.Asian Metal Copyright The Chinese tungsten market kept quiet in October, and the trading volume was at a relatively low level.Asian Metal CopyrightThe Chinese tungsten market moved down sharply in August and September, and the decreasing speed slowed down into Q4.Asian Metal Copyright In early October, tungsten product prices showed downtrend.Asian Metal Copyright The Chinese tungsten market kept quiet in October, and the trading volume was at a relatively low level.Asian Metal Copyright However, owing to the production cost and the high inventory cost, the decreasing range and speed was limited.Asian Metal Copyright The Chinese tungsten market kept quiet in October, and the trading volume was at a relatively low level.Asian Metal Copyright Furthermore, China Minmetals went back to the market and made deals for tungsten concentrate, even though the purchasing volume was unfavorable.Asian Metal Copyright The prices for downstream tungsten products, like APT and tungsten carbide powder, stabilized accordingly.Asian Metal Copyright The tungsten prices became stable and moved up slightly from the middle of the October.Asian Metal Copyright However, owing to the production cost and the high inventory cost, the decreasing range and speed was limited.Asian Metal Copyright The prices for downstream tungsten products, like APT and tungsten carbide powder, stabilized accordingly.Asian Metal Copyright Furthermore, China Minmetals went back to the market and made deals for tungsten concentrate, even though the purchasing volume was unfavorable.Asian Metal Copyright But downstream customers were still cautious in making deals and mainly purchased from hand to mouth with small quantities in hand.Asian Metal CopyrightThe Chinese tungsten market moved down sharply in August and September, and the decreasing speed slowed down into Q4.Asian Metal Copyright The trading volume did not recover in the spot market.Asian Metal Copyright Furthermore, China Minmetals went back to the market and made deals for tungsten concentrate, even though the purchasing volume was unfavorable.Asian Metal Copyright The tungsten export market remained inactive in China through October, and the overseas customers were inactive in purchasing materials as many held a watching attitude.Asian Metal Copyright The Chinese tungsten market kept quiet in October, and the trading volume was at a relatively low level.Asian Metal Copyright
