Tungsten market wait-and-see sentiment strong wait for price guide introduction

The tungsten concentrate market remains in the doldrums, the seller and the buyer the price continued to contract impasse, the downstream demand was not significantly improved. Low price to purchase, price to sell, tungsten businesses are in a dilemma, especially near the end of the 5 month, tungsten Association and Minmetals guide forthcoming, wait-and-see mood of the market become increasingly strong. Due to the macro stimulating domestic demand, the Ukraine war are beneficial to tungsten city, some businesses have certain expectations for May; although most businesses that if no reserve force, May tungsten, hardly big breakthrough, the key is the lack of direct support needs.

According to the current understanding of the procurement market atmosphere, but were rare, only some businesses because of funding difficulties. 60 degree white tungsten concentrate prices about 102000 yuan / ton near, 60 degree black tungsten concentrate prices of about 103000 yuan / ton near.


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