Tungsten Market Report July 2014
2014-08-14 17:51:10 【Print】
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In July, some downstream plants ceased production for overhaul because of high temperature in summer
. As a result, demand from downstream industries remained sluggish . Suppliers lowered their offers slightly to promote sales and keep cash flow . At the same time, most European consumers left the market for summer holiday, which led Chinese tungsten export market to remain soft . As July and August are traditional soft seasons and consumers lack interest in making purchases, it is predicted that Chinese tungsten market will remain quiet in the following month.