Tungsten Market Report November 2014
2014-12-22 09:07:35 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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In November, Chinese tungsten market prices decreased fast. As the end of this year was coming, most suppliers were under great capital and stocks pressure, so they lowered their offers to promote sales and keep cash flow. At the same time, consumers were cautious about making purchase and only relied upon hand-to-mouth purchase. As the global economy was sluggish and demand from end users was dim, most plants had received rare orders. Lacking support from downstream demand, it is predicted that the market will not pick up in December.
