Imbalance between Demand and Supply in Tungsten Concentrate Market

Serious imbalance exists in tungsten concentrate market that some traders holds too much stock in their warehouse. Under current situation, it is hard to consume stock shortly. Mainstream price of 65% Tungsten concentrate focus on ￥114,000.00-116,000.00/t, and the real transaction price may be lower.

Chinatungsten Online analyzes, the supply and demand of tungsten concentrate market are not balance this year, in addition to drastically price rising recently, which both lead to high market stock. Some tungsten suppliers who under high fund pressure are hurried to get cash which lead to price easing. Individual tungsten suppliers notes, if transaction can be gone through by cash, their quotation can reduce to ￥110,000.00/mt. Chinatungsten Online expects tungsten concentrate prices would reduce constantly, and the real transaction price could be even lower.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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