Scheelite thinly traded market, many businesses wait and see

Tungsten concentrate market continued deserted , the market is very quiet , turnover is still in a stalemate , only a small amount of turnover and low transaction prices , weak demand and high inventories continued to constrain two problems tungsten prices upward, analyze market volatility think before the Ching Ming Festival little mainstream running smoothly.

Currently tungsten many businesses on the sidelines, the operation is not active on the market in April still have a certain expectation , waiting Minmetals and other large enterprises to implement purchasing and storage . Some market participants are optimistic about the market outlook is not that strong but short-term , mainly because of a lack of demand for support and sluggish macroeconomic environment .


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