Tungsten demand weakened, prices fell slightly

Sodium tungstate factory operating rate is low overall, after entering in July, a further decline in operating rates, mainstream manufacturers outside offer stabilize, but dragged down by weak demand, offer mainstream has slowly dropped to 130,000 yuan / ton, the mainstream transaction price 125,000 / ton, due to market funding constraints, few businesses Paohuo cash even approaching 120,000 yuan / ton, and the market volume was light.

APT mainstream market stability maintenance, in order to maintain the old smelter home customer oriented, with the advent of the off-season, further weakening demand, some manufacturers due to lack of motivation and offer flat price adjustment, some manufacturers slightly lower prices, a drop of about 1,000 yuan / ton, the mainstream 16.4-16.6 million / ton in the vicinity, even as low as 163,000 cash deal, expected short-term stabilization of APT prices or mainstream.


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