Tungsten Market Report December 2013

The Chinese tungsten market continued to be sluggish in December.Asian Metal Copyright At the same time, due to financial and stock pressure, some suppliers decreased offers to obtain orders and the tungsten market slightly lower offers.Asian Metal Copyright China Minmetals did not go back into the market and held offering prices stable.Asian Metal Copyright However, the downstream consumers were cautious about adding stocks, and mainly held wait-and-see attitudes towards the future market.Asian Metal Copyright Owing to the soft demand from the terminal markets, the tungsten concentrate market remained inactive.Asian Metal Copyright Owing to the soft demand from the terminal markets, the tungsten concentrate market remained inactive.Asian Metal Copyright At the same time, due to financial and stock pressure, some suppliers decreased offers to obtain orders and the tungsten market slightly lower offers.Asian Metal Copyright Furthermore, most of the overseas customers mainly kept on production with the long term orders, and were not eager to sign new orders under the current weak demand.Asian Metal Copyright Nearly all tungsten product prices decreased through December.Asian Metal Copyright China Minmetals did not go back into the market and held offering prices stable.Asian Metal Copyright However, the downstream consumers were cautious about adding stocks, and mainly held wait-and-see attitudes towards the future market.Asian Metal CopyrightThe Chinese tungsten market continued to be sluggish in December.Asian Metal Copyright The Chinese tungsten market showed downtrend through December, and owing to the Christmas Holiday, the tungsten export market was also quiet.Asian Metal Copyright Nearly all tungsten product prices decreased through December.Asian Metal Copyright Furthermore, most of the overseas customers mainly kept on production with the long term orders, and were not eager to sign new orders under the current weak demand.
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