Tungsten Concentrate Prices Move Down Further with Low Demand

Core tips: Tungsten concentrate market is still weak this week. Inquiries from downstream users are rear, and the traders hold pessimism attitude toward the tungsten concentrate prices.

The demand from the downstream markets does not pick up, and the customers are cautious in adding stocks in the end of year. The tungsten concentrate prices decrease slightly further this week, but the trading volume is still small in the spot market.  As to ferrotungsten market, purchasing cost is too high to continue which also lead to various market quotations, ferrotungsten prices falls into chaos at present. Tungsten products and scrap tungsten steel market are stable relatively, but traders prefer to wait and see. Chinatungsten Online expects that tungsten concentrate prices will mainly focus on a stable pattern shortly.

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Email: sales@chinatungsten.com
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