Tungsten Market Report April 2012
2012-05-14 14:29:04 【Print】
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Tungsten market sees thin transactions in April, and the demand from downstream market remains sluggish. In the first half of the month, tungsten concentrate price moved down due to weak demand. In the second half of the month, tungsten concentrate price touched the bottom level, and rebounded, and then most suppliers held stocks away from selling. Raw material price pushes up APT and tungsten carbide powder prices. Terminal demand does not improve, so APT and tungsten carbide powder producers do not have full orders to carry. The increase period will last for a long time.
