Ferrotungsten market rarely inquiry, demand continued to light

Ferrotungsten domestic downstream demand continues to weaken, the market rarely inquiry, the situation is not optimistic, more difficult than the last month, manufacturers started the situation remains low, and with the new year approaching, the operating rate, or more atrophy. However, very price conscious of manufacturers, smelters home outside offer basically unchanged from the end of November, there is no lower offer, and many manufacturers have not yet reached a deal this month.

Currently 70 ferrotungsten acceptance quoted in 160,000 yuan / ton, the cash price has fallen below the 160,000 mark. Analysis is expected with the introduction of guided and guided prices continued to fall in the tone has been determined, ferrotungsten offer difficult to stop the decline, the late mainstream offer or will fall below 160,000 yuan / ton mark.


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