Tungsten Market Report November 2013
2013-12-11 15:05:45
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The Chinese tungsten market continued to be dull in November.Asian Metal Copyright The tungsten prices also showed downtrend.Asian Metal Copyright In early November, many Chinese market participants expected that China Minmetals would go back into the market, and push up prices again.Asian Metal Copyright The tungsten prices also showed downtrend.Asian Metal Copyright However, although the offers for tungsten concentrate from China Minmetals increased compared with those of October, the market did not see any obvious improvement this month.Asian Metal Copyright According to market participants, the Chinese government was likely to publish new policies on export duties and quotas.Asian Metal Copyright Owing to the soft demand and the low level of buying activities, the tungsten market moved down continuously in November.Asian Metal Copyright Most of the overseas customers held wait-and-see attitudes towards the future market, even though they planned to sign orders for Q1 2014.Asian Metal Copyright The tungsten prices also showed downtrend.Asian Metal Copyright According to market participants, the Chinese government was likely to publish new policies on export duties and quotas.Asian Metal Copyright The Chinese tungsten export market was quiet, and the overseas customers were cautious in making deals.Asian Metal Copyright The tungsten prices also showed downtrend.Asian Metal Copyright According to market participants, the Chinese government was likely to publish new policies on export duties and quotas.Asian Metal Copyright However, although the offers for tungsten concentrate from China Minmetals increased compared with those of October, the market did not see any obvious improvement this month.Asian Metal Copyright Most of the overseas customers held wait-and-see attitudes towards the future market, even though they planned to sign orders for Q1 2014.Asian Metal Copyright According to market participants, the Chinese government was likely to publish new policies on export duties and quotas.Asian Metal Copyright But there was no official information related to the proposed changes to export duties during November, so the market remained cautious.Asian Metal Copyright Owing to the soft demand and the low level of buying activities, the tungsten market moved down continuously in November.Asian Metal Copyright It is expected that the market will be quiet in the near future.Asian Metal Copyright The Chinese tungsten export market was quiet, and the overseas customers were cautious in making deals.Asian Metal Copyright
