Tungsten ore prices in the low range, the actual ore prices do not fall

Tungsten concentrate cargo operators who do not want to offer low-priced goods to go and willingness to reduce the downstream tungsten smelters home raw material procurement difficulties, the spot market is tungsten concentrate more inquiry-based, so the whole tungsten ore spot market prices are low in the interval, but the actual ore price does not fall, expected short-term ore price or the maintenance of stability in the 7.5-7.9 million.

Macro level, the news that the central bank again operating trillion PSL, closing short put long support the real economy; camp changed to increase after the full expansion around the nearly 700 billion tax cut; funds Panasonic wide fluctuations in interest rates increase, drop quasi expected to heat up.


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