Tungsten deal continued stalemate, ore price is expected to temporarily stabilize

Tungsten prices continued weak, lack of confidence in the market outlook, the majority of business operation of the enthusiasm is not high, tungsten demand no significant improvement, buyers continue to keep the prices down, shippers have declined to low, non shipment, turnover continued stalemate.

At the same time, the recent price lower again, but the actual market price fluctuations do not, is very close to the cost line, tungsten concentrate prices later continued to decline in the limited space, in addition to APT and other downstream smelting companies also need to add material, by the support of tungsten concentrate prices this week or hope to stabilize. With the recent rise in nickel, molybdenum, tungsten, some merchants look forward to a miracle, but subject to the actual requirement and no signs of improvement, expected short-term tungsten price or difficult to rise.


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