Weak tungsten ore demand, market turnover is rare

With the continued downturn in end demand, weak demand for tungsten, tungsten businesses tighter liquidity, operational motivation is low, tungsten concentrate market turnover is rare. As expected near the end of, or increase in the tungsten market sentiment, short-term price of tungsten or temporarily disadvantaged maintenance of stability, there is the risk of a slight downward.

Analysis of the reasons are: on the one hand ore price has fallen to near the cost line, near the bottom, holding mostly cargo operators expect lows, take the goods in order to ease the financial difficulties, so the tungsten ore must currently hold stocks of cash before they agree to ship ; on the other hand, subject to funding constraints constraints, tungsten smelter home care procurement, for a time it is difficult to set aside large sums of money to purchase raw materials, downstream tungsten production is also not enthusiastic.


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