Tungsten Market Report January 2014

Demand from the terminal markets kept weak, and the Chinese tungsten market continued to be inactive in January.Asian Metal Copyright The Chinese tungsten market showed down trend in January.Asian Metal Copyright Owing to the financial and inventory pressures at the end of year, some tungsten product suppliers decreased offers gradually to obtain orders.Asian Metal Copyright The trading volume was small in the spot market.Asian Metal Copyright The market saw some lower offers, however, the downstream customers were cautious in making deals, and mainly watched the market for a while.Asian Metal Copyright Furthermore, the operating rate for tungsten products factories decreased continuously, and the suppliers had little intention in selling stocks and expected the market to recover.Asian Metal Copyright The trading volume was small in the spot market.Asian Metal Copyright The trading volume was small in the spot market.Asian Metal Copyright Into January, most of the Chinese tungsten market participants left market for Spring Festival holiday.Asian Metal Copyright Into January, most of the Chinese tungsten market participants left market for Spring Festival holiday.Asian Metal Copyright Furthermore, the operating rate for tungsten products factories decreased continuously, and the suppliers had little intention in selling stocks and expected the market to recover.Asian Metal CopyrightDemand from the terminal markets kept weak, and the Chinese tungsten market continued to be inactive in January.Asian Metal Copyright The Chinese tungsten market showed down trend in January.
.Asian Metal Copyright The trading volume was small in the spot marketAsian Metal Copyright