Tungsten Market Report February 2012
2012-03-06 18:08:23 【Print】
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After the Spring Festival and Lantern Festival, tungsten market keeps tranquil in February. The global economic situation remains dull, and the demand from terminal consumers is sluggish. Tungsten concentrate market sees thin transactions and most consumers are using stocks on hand, holding wait-and-see attitude towards short-term market. Tungsten concentrate price adjusts in the month, and it increased in the first half of February, and then went down in the second half of the month. Without support from downstream market, tungsten products’ prices show downward trend in the following days.
