Tungsten ore market remained weak run, businesses money tight

Tungsten market remained weak run businesses money tight, the operating pressure increases, the market volume was light. Today, the spot market is very quiet throughout the tungsten market participants operate regardless of supply or demand are cautious, waiting for September, guided introduction, the outlook is more uncertain then the specific operation. City guide price is expected a few days before the introduction of tungsten or will continue to wait and see atmosphere enveloped in, or tungsten ore prices hovering between 10-10.3 yuan / ton.

It is understood that a small amount of tungsten concentrate the trading price of the transaction is still concentrated in the 10.1-10.2 million / ton, but hold stocks continued to suppress the inquiry this week, more downstream smelting enterprises to quote low down to 100,000 yuan / ton. Guess the city or sustained turnover tungsten week stalemate, but a tentative inquiry, quotation, or a slight increase.


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