Tungsten Market Report November 2016

Demand for tungsten products was weak once again in the Chinese spot market in November as consumers had made replenishments actively in October.Asian Metal CopyrightDemand for tungsten products was weak once again in the Chinese spot market in November as consumers had made replenishments actively in October.Asian Metal Copyright Prices for tungsten products generally stopped from increasing to move downward during November with limited transactions in the spot market. In particular, prices for tungsten concentrate and APT declined by RMB6,000/t (USD863/t) respectively.Asian Metal CopyrightDemand for tungsten products was weak once again in the Chinese spot market in November as consumers had made replenishments actively in October.Asian Metal Copyright Despite weak demand, prices for tungsten concentrate increased by about 30% in November compared with the figures in the same period of last year affected by several times of national reserve during the year.Asian Metal Copyright And market participants held a cautious attitude in marketing activities during the month.Asian Metal Copyright And market participants held a cautious attitude in marketing activities during the month.
.Asian Metal Copyright In particular, prices for tungsten concentrate and APT declined by RMB6,000t USD863t respectivelyAsian Metal Copyright