Tungsten concentrate market remains inactive with few...

Tungsten concentrate market remains inactive with few transactions in China. The mainstream price for wolframite 65%min continues to decrease. BEIJING Asian Metal 26 May 15.

After peaking in 2011 and spiking again in 2013, tungsten prices are forecast to fall throughout 2014 and early 2015. Improving availability of raw materials from new mine projects is increasing oversupply pressure in the market.

Europe and the USA are the main centres for tungsten recycling with approximately 45% of tungsten demand met by recycled materials, reducing demand from new producers. Roskill.

Our analysis suggests that tungsten demand growth is likely to slow over the next five years against the backdrop of weaker economic growth in emerging markets, China in particular, and uneven economic recovery in the developed countries. Edison.