Tungsten ore thinly traded stock, dropping inquiry

Today, the market temporarily weak tungsten concentrate maintenance of stability, strong market sentiment, coupled with business funding constraints, more pause operation, a lot of Ganzhou tungsten ore traders have suspended purchases, only to see some specific APT smelters purchase the right amount of tungsten concentrate price and the actual transaction price continues exploratory decline.

It is understood that 60-degree mainstream price of tungsten concentrate concentrated in 83,000 yuan / ton, tungsten ore cargo operators reluctant to sell darker mood, but forced by financial constraints, some traders to sell some small amount of tungsten ore. APT, etc. However, the continuous pressure of tungsten concentrate smelter home inquiry, we understand there have been 60 degrees Scheelite inquiry 80000 or less.

Analysis is expected to: Pan Asia this week, although a small amount of the payment to the old customers, but drop in the bucket, APT tungsten smelter and other capital flows are still tight, December tungsten city needs or weaker than in November, December or guidance prices continue to fall, black Scheelite guided or dropped 90,000 yuan / ton.


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