Ferrotungsten demand is low, the market traded difficulties

Ferrotungsten sluggish market demand , the downstream business procurement initiative is low, less market inquiry , coupled with the raw material of tungsten concentrate market down, tungsten, iron spot transactions also showed a stalemate , and the market is slightly weaker . However, due to cost and other support , most businesses offer steady, only a small part of the business cash turnover slightly lower.

It is understood that at present , 70 ferrotungsten denominated promissory offer more concentrated in the 180,000 yuan / ton, cash transactions at 178,000 yuan / ton in the vicinity , but the market is not very abundant funds , cash transactions can be as low as 176,000 yuan part / ton .

Currently the market because of the tungsten market trend is not clear , tungsten, iron merchants more worried about the market outlook , some manufacturers even prudent to temporarily offer , watching the market , analyze expected shortly ferrotungsten market transactions or continuing weak market or steady weakening .


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