Tungsten concentrate prices weak, the parties continued stalemate
- Details
- Category: Tungsten's News
- Published on Monday, 19 May 2014 14:02
Tungsten Market demand remained weak, weak tungsten concentrate prices, continued stalemate between buyers and sellers, transaction difficulties. Manufacturers due to low prices and sellers, many hold stocks even pause quotes, only a few take the goods to maintain old customers; downstream tungsten smelter home and procurement of raw materials due to the difficulty in marketing the product difficult to raise prices, even though active inquiry, but also the actual transaction limited.
It is understood that the mainstream market price of tungsten concentrate concentrated in the 10.4-10.6 yuan / ton, cash transactions concentrated in the 104,000 yuan / ton, the redemption price focused 10.5-10.6 yuan / ton. Weak and demand is expected to support the game between cost, short-term or temporary tungsten concentrate prices stabilize.
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