Tungsten Market Report August 2012

Tungsten market remains quiet in August, and the demand from downstream market does not improve obviously.Asian Metal CopyrightTungsten market remains quiet in August, and the demand from downstream market does not improve obviously.Asian Metal Copyright Due to sluggish economic situation and slow capital construction, the consumption for cemented carbide keeps low.Asian Metal Copyright Due to sluggish economic situation and slow capital construction, the consumption for cemented carbide keeps low.Asian Metal Copyright Most consumers in terminal market reduce stocks and purchasing volume, so the demand for tungsten carbide powder decreases.Asian Metal Copyright Without support from downstream market, tungsten products prices move down in the month.Asian Metal Copyright Without support from downstream market, tungsten products prices move down in the month.Asian Metal Copyright Most consumers in terminal market reduce stocks and purchasing volume, so the demand for tungsten carbide powder decreases.Asian Metal Copyright Tungsten concentrate price almost touches the production cost, so more and more suppliers stop selling.Asian Metal Copyright Most consumers in terminal market reduce stocks and purchasing volume, so the demand for tungsten carbide powder decreases.Asian Metal Copyright Traders and speculators return to the market for purchasing and push up tungsten concentrate price.Asian Metal Copyright Tungsten concentrate price almost touches the production cost, so more and more suppliers stop selling.Asian Metal Copyright Market participants forecast that tungsten market will be stable in September, and shows no sign to change greatly.

.Asian Metal Copyright Market participants forecast that tungsten market will be stable in September, and shows no sign to change greatlyAsian Metal Copyright