No Alternation in Tungsten Concentrate Prices Temporarily

With the coming of New Year vocation, the atmosphere of wait-and-see becomes stronger. Today, mainstream 65% tungsten concentrate price based on Ganzhou, Hunan focuses on ￥112,000.00-115,000.00/mt, scheelite concentrate quotation based on Hunan is ￥110.000.00-114.000.00/mt. The manufacturers from downstream almost stop enquiry, and some tungsten concentrate suppliers stop quotation either.

From the perspectives of Chinatungsten Online, with increasing rain and snow weather in the Chinese Mainland, no matter upstream or downstream, market activities reduces relatively. Constantly weak price of tungsten concentrate make suppliers lose their confidence that they have to get cash through accepting low transaction prices. It is also hard to improve the situation of imbalance between supply and demand since tungsten suppliers chose to stock up goods in the early days. Chinatungsten Online expects, tungsten products price and tungsten concentrate price will keep steady at the low level and will improve relatively after New Year vocation.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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