Tungsten ore guidance unchanged, post significant gains difficult

The latest CMN, Ganzhou Tungsten Industry Association in July to 65% wolframite guidance of 110,000 yuan / ton, unchanged from last month were, following last month's flat, two consecutive months guidance stabilize, it also laid the tungsten market is the recent trend broadly stable based. Today, tungsten ore miner continues to market the sidelines, purchasing and shipping are less market activity is very low, thinly traded. Dragged down by weak demand, is expected to have a significant short-term price rally hard this week, prices or continue to stabilize, 7 months late and even the risk of a slight decline.


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