Tungsten ore market sentiment strong, spot transactions stalemate

Although tungsten end demand continues to slump, but the grocers sell mentality thick, spot market transactions scarce, ore prices temporarily stabilized stabilized, it is understood 55-60 degrees scheelite temporarily strong near 1.02 yuan / kwh. May tungsten ore market or steady consolidation-based, price volatility is not, spot transactions stalemate, and other guidance issued after June, the market outlook is more clear, tungsten business operations or increased slightly.

APT and other downstream smelters currently lower house inquiries increased, but low supply difficult to buy, buyers and sellers on prices continued stalemate. At present, many businesses tungsten ore sidelines waiting, hopeful on June tungsten market, there miner revealed now take only a small point of shipment cash wages, and mostly for old customers.


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