Scheelite Transaction Price Rose Slightly,Holding the Goods Still Reluctant to Sell

Despite a slight rise in the actual transaction price of tungsten concentrate, but hold stocks still reluctant to sell, but no improvement in downstream demand, turnover remained a stalemate between buyers and sellers, the market traded subdued, expected short-term price of tungsten concentrate transaction 10.5-10.8 ten thousand yuan hovering between / ton.

Macro level, HSBC said in the coming months China will introduce more targeted easing measures; held around the railway construction will promote intensive, railway construction reached a climax; possibility that many agencies predicted drop quasi-central bank is unlikely.


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