Tungsten Market Report January 2015
2015-02-10 17:01:29 【Print】
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Prices in Chinese tungsten concentrate market rose slightly after the New Year
. As suppliers’ fund pressures were alleviated and major mines ceased production, most suppliers were reluctant to sell materials, supply in spot market was tight, and prices of tungsten in the first half of the month were slightly improved . Downstream consumers returned to the market to take regular purchases for the Spring Festival, so demands slightly increased, and supported prices go upward . At the same time, impacted by the upward of tungsten concentrate prices, downstream tungsten products price also increased slightly, offers are expected to keep strong before the Spring Festival.