Tungsten weak market demand, volume was light

July agency quoted stabilize, and Minmetals no major action, APT and other smelters home quotes are flat, despite continued weakness in market demand, market volume was light, but manufacturers offer relatively strong, the actual turnover dropped slightly compared to six weeks ago, high acceptance high price decrease. It is understood, APT acceptance transaction price is typically 16.6-16.7 yuan / ton, cash transactions at 164,000 yuan / ton.

Sodium tungstate weak downstream demand, large smelter home delivery difficult, capacity utilization is very low. It is understood that 96% of current market quotations 12.7-13 sodium tungstate mainstream yuan / ton, or even 125,000 yuan / ton low.


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