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Tungsten products (from 3 May -7 May) review and forecast |
| During this week, the Tungsten market is generally on an upward trend. Apart from Ferro-tungsten, all the products are slightly rising. The overall transaction is fine, however, except Tungsten Ore and APT, the demand for other products are small. Products prices in this week have reached a relatively high level, but many manufacturers are expecting higher prices, rather optimistic toward the future market.
Chinese tungsten concentrate prices moved up this week on tight supply and bullish sentiment from sellers, market sources said. Tungsten concentrate was trading at 81,000-82,000 yuan ($11,847-11,993) per tonne on Thursday, up 2,000-2,500 yuan from last week, with deals reported across the new range. |
| addtime:2010-5-12 13:01:25 print |
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