Tungsten Market Report December 2016
2017-01-23 17:53:21 【Print】
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At the end of 2016, as the second national reserve plan had boosted market players’ confidence about the tungsten market, prices for tungsten products stopped declining and began to rebound; but as consumers had finished restocking raw material, a slight waning of interest in making more purchases was observed, leading to limited trading activity in the market. In late December, weak demand ensured prices in the tungsten market failed to go up further, with those for raw material products tending to stabilise, while those for powder products dropped slightly.
