Tungsten Ore Market on March 11,2013

Core Tip: Domestic tungsten ore market temporarily stable.From recent situation, tungsten ore market fundamentals into the short-term consolidation phase, and willingness of fire sale in mining enterprises is not particularly strong, while most of downstream processing enterprises take a cautious wait-and-see attitude and expected temporary stability of tungsten ore prices for short-term.

This the domestic tungsten ore market temporarily substantially stable, mainstream market price of 65 degrees wolframite concentrate 11.5-11.9 yuan / ton, the price of scheelite is concentrated in the 11.4-11.7 yuan / ton. Recently appeared, the basic tungsten ore market into the short-term consolidation phase, and the mining enterprises aspects Paohuo willingness is not particularly strong, while the downstream processing enterprises also the majority take a cautious wait-and-see attitude.

Market exercise alone now asking about the price subject to the majority of traders around the purchase offer is mainly concentrated in the 116,000 yuan / ton in the vicinity. A merchant, said, "Recently there are a lot of inquiry, but the price is mostly low psychological distance shipping price is still part of the gap." Obviously, both supply and demand different prices, traded slightly stalemate, and by the economic environmental fluctuations and terminal lack of consumer demand affect the expected short-term temporary stability tungsten ore prices.

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