Tungsten ore guided sharply lower, market sentiment fell more rich

Ganzhou Tungsten Association and CMN latest price guide while December to 8.8 yuan / ton, tungsten Association decline of 7,000 yuan / ton, Minmetals decrease of 10,000 yuan / ton, down is very large, the tungsten market is more bearish sentiment rich.

Additionally, in December tungsten City tighter liquidity, buyers and sellers operating more cautious, APT tungsten smelters and other recent no cash, is still outside the inquiry, however Scheelite not hold stocks of non-cash shipments, the market rarely traded . Tungsten concentrate prices expected this week will continue to decline, or the full 60 degrees below Scheelite 80000 mark.


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