Tungsten Concentrate Prices Cool Down Slightly

Currently, tungsten concentrate prices show their downward trend that some providers cannot bear high pressure then increase their own tungsten concentrate prices. At present, the fluctuation of one 65W tungsten concentrate metric ton unite focus on ￥1.53-1.58 while the delivery price of it centralize on ￥1.54-1.56.

According to analysis of Chinatungsten Online, the situation of high-price and low-demand in tungsten concentrate market continues. Basically, tungsten concentrate prices have reached to their highest spot before New Year. The end user’s demand is hard to improve so there is low possibility for tungsten concentrate suppliers to raise their prices. Due to worry about market goes to lower level, tungsten concentrate suppliers are willing to jettison their goods. Chinatungsten Online expects that tungsten concentrate price enquiry is going to increase gradually, nevertheless, transaction volume is still sluggish although the prices decline.

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