Tungsten prices started 2011 continuing on an upward trend, but midway through the year the market began to cool. What path is tungsten on in 2012?
Malaga is a western tungsten producer and recently began trading on the OTCQX. But why should investors be interested?
China cut 2010 export quotas increasing government and tungsten user concerns. But are export quotas really impacting the market?
What is the connection between tungsten carbide rings, US patent law and the Chinese? Trent West can tell you firsthand.
Pricing and supply are always issues. However, the fourth quarter is a time when players in this market need to start prioritizing another issue.
From Chinese export quotas to rising jewelry demand, here’s what is going on in the tungsten market.
Market fundamentals suggest that the tungsten scrap market should be thriving, but those in the industry are making reports to the contrary.
Due to tight export controls the price of tungsten has been skyrocketing. In an interview with Tungsten Investing News, Pierre Monet President of Malaga Inc. talks about the tungsten market and their mining operations.
Tungsten prices continue to rise, gaining approximately 80 per cent since October of 2010. The lack of supply from mining operations in the West as well as increased domestic demand in China has supported the price of tungsten.
The supply of tungsten in 2011 will be helped by the increases in production quotas in China. However the slight increase in the quota will only alleviate supply issues slightly. In the long run, the cap to minor metals production in China due to the new ‘five year plan’ will further supply side issues on the world market.
Thursday, January 12, 2012