Japanese Tungsten Market Keeps Inactive

Owing to the weak demand and the increasing tungsten products prices in China, most of the Japanese customers are inactive in making deals. The tungsten market keeps quiet in Japan this week. 

Tungsten trader based in Japan noted that the offers from Chinese suppliers increased continuously in the recent days. He said that the offers for APT are at USD385/mtu from China now, and some offers even reach around USD400/mtu. They have no intention in making deals in a short time.

The source reported that they mainly consume the rest of stocks, and even if they have to add some stocks, the trading volume will be small. As for the future market, he said that they will watch the market for a while.

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