Tungsten products traded price trend lower, poor business mentality

Since Minmetals and tungsten Association April guidance slashed , leading tungsten concentrate and consequent decline in the market price of tungsten chemicals , tungsten products business mentality has further weakened the low transaction price closer to the current market operations enthusiasm is generally low, watching the atmosphere strong, tungsten products market is expected to more than short-term steady weakening trend will continue .

Tungsten prices steady weakening . The current market price of tungsten concentrate in mainstream powder 271-273 yuan / kg, native WC 270-272 yuan / kg, while the actual transaction mostly concentrated on 270 yuan / kg of low-cost resources. Tungsten steel mainstream price 290 yuan / kg, high-purity tungsten 320 yuan / kg, tungsten electrode grinding rods 405-415 yuan / kg, steady .


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