Tungsten ore guided sharply lower, bearish market sentiment strong

Yesterday announced the offer, tungsten end demand continues to slump, the market lacks effective support, and lack of business confidence, tungsten Association yesterday afternoon, Minmetals, Jiang W tripartite announced November prices are down, the market is increasingly strong bearish sentiment.

Ganzhou Tungsten Association guide price, as we did last month fell to 95,000 yuan expect / ton, learned of the transaction on the spot market wolframite concentrate at 9-9.2 yuan / ton vicinity, mainstream or expected short-term ore prices hovering in 9-9.3 Wan yuan / ton.


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