Tungsten Investing News» market

U.S Tungsten prices tags tumble for want of deals

Melissa — Mon, 04 May 2009 19:45:17 +0000

According to traders and buyers, U.S. tungsten prices have dipped considerably over the past month or so in a lifeless market. For full story, click here

Rwanda’s mining revenues may fall 40 percent

Melissa — Thu, 09 Apr 2009 20:33:16 +0000

Rwanda’s mining revenues are expected to fall by 40 percent to around $56 million this year, down from a record $94 million in 2008, as demand contracts for high-end minerals such as tin and tungsten and prices dip on the international market. For full story, click here

China’s tungsten conc offers increase

Melissa — Wed, 08 Apr 2009 18:08:56 +0000

China’s tungsten concentrate producers have increased offers by $146-293 to reach 64,000-65,000 yuan per tonne in bid to push up market sentiment. For full story, click here

Stagnant tungsten market dips prices

Melissa — Fri, 27 Mar 2009 13:01:50 +0000

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.

Tungsten slips by over $1/kg

Melissa — Mon, 23 Mar 2009 18:41:37 +0000

Ferro-tungsten slipped on Friday, with continuing low demand in a market that had been stagnant for two weeks putting downward pressure on prices. For full story, click here

Tungsten prices remain unchanged in listless market

Melissa — Fri, 20 Mar 2009 17:07:41 +0000

Tungsten prices in the United States remain stagnant, but market sources agree buyers could drive down prices if they were prepared to bargain hard-and if demand justified doing so. For full story, click here

Demand will be a bit stronger

Melissa — Fri, 20 Feb 2009 08:07:34 +0000

Once the economy bottoms, which may happen in some countries in 2009, there is a chance demand will be a bit stronger than seen during the past few weeks and prices would be a bit more supported. For full story, click here

Traders said there was very little business

Melissa — Wed, 04 Feb 2009 08:03:51 +0000

Traders said there was very little business being done, that they did not expect to see a real recovery until the second half of the year and that the global economic downturn would dampen activity for some months yet. For full story, clicki here

Tungsten shortage buoys price

Melissa — Mon, 02 Feb 2009 04:51:59 +0000

European Ferro tungsten prices crept up for the week as buyers drew down inventories in Rotterdam. For a second week in a row, the Lunar New Year Holiday in China meant lack of supplies were coming out of the country.

New applications will benefit tungsten market

Melissa — Mon, 19 Jan 2009 03:23:27 +0000

Holiday retail sales were worse than anticipated. The jewelry market was hardest hit, luxury goods sales were down as much as 34%. However, the new Tungsten jewelry market faired exceptionally well over this holiday season.