Tungsten ore continues to plumb the low, hard up before the holiday

Tungsten ore market continues to low volatility , low range dropping slightly , the market price is slightly confusing. It is understood that scheelite has fallen below 110,000 inquiry appears , the current mainstream price scheelite concentrate on 10.9-11.2 yuan / ton.

Analysts believe that the price of tungsten concentrates hard up before the festival , will continue to hover in the low , for two main reasons : First, some companies because of liquidity problems and cheap goods to go , leading to the market prices were falling trend ; Second, buyers continued to depress inquiry, and not actively sourcing , purchasing less ; Third Minmetals are leading large enterprises in March quoted sharply lower, but also the procurement plan has not yet been released , causing some negative impact on businesses and markets.


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