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Message: Stagnant tungsten market dips prices

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tiki

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Re: Stagnant tungsten market dips prices

in response to Stagnant tungsten market dips prices by booshleague

posted on Mar 31, 09 09:31AM

The ferro-tungsten market has been stagnant in recent weeks, with only a handful of transactions taking place. Last Friday, in China, inactivity translated into a dip in prices. Ferro-tungsten fell to $25.90 a kilogram, down from the recent rate of $28.00 per kilogram.

Its really hard to gauge such an illiquid market. In the instance, one is forced to rely on the fundamentals provided by his/her due dilligance. One can't possibly tie any significance to the price when only a handful of trades took place.

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