Tungsten Ore Market On Mar 18,2013 : Prices Support Difficulty and Quotes Tend to Weak

Core Tip: Domestic tungsten ore prices support difficulty, many mine operators who hold goods began to have price adjustment. It is reported that recently funds in downstream part of the enterprise are nervous and  have no help on the actual needs.

Domestic tungsten ore prices support difficulty, many mine operators who hold goods began to have price adjustment. At present, mainstream market price of 65 degrees wolframite concentrate is between 1.52-1.55 yuan / kWh. Some individual merchants’offer tends to weaker and the minimum can be 1.5 yuan / kWh. It is reported that funds in downstream part of the enterprise are nervous and  have no help on the actual needs.

Raw tungsten ore market’s intensity of support becomes gradually weaker. With the adverse transaction, high market prices tend to put pressure to downward, some businesses have become cautious in future market. Overall, the shipments will of mine operators who hold goods has been enhanced, but the terminal and transaction downstream demand is poor. Supplies are in reselling toss between traders. It is expected that tungsten ore prices will slightly float for short-term.

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