Supported by the upstream raw materials, tungsten, iron acceptance offer strong
- Details
- Category: Tungsten's News
- Published on Thursday, 12 June 2014 14:57
Today ferrotungsten market ample supply, demand, prices of raw materials affected by strong market support and maintain the price the market is still somewhat confusing, cash transactions are still low.
This week tungsten iron smelters to raise its offer, especially redemption price, 70 ferrotungsten has now 180,000 yuan / ton acceptance quotes, market price interval high raised more obvious. The reason ferrotungsten manufacturers increased offer is: With continued strong June guidance of tungsten concentrate mine and cargo operators reluctant to sell strong emotions, tungsten ore procurement difficult, especially tungsten iron production required 65 degrees High quality tungsten concentrate.
Although tungsten iron prices relatively strong, but with the upcoming summer break, this will be weak on sluggish demand, market outlook slightly less confidence, increased home areas smelter production companies, corporate short-term has been discontinued and no plans to resume production expected late June Ferrotungsten mainstream price stability maintenance or slightly downward.
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