Buyer slight advantage, tungsten ore prices are down

Tungsten prices stable this week, weak, tungsten prices were slightly lower after another, tungsten ore market demand is low, thinly traded, the price fell last week, about 0.02 yuan relative / kWh. It is understood that 60% of the purchase price of tungsten concentrate is 1.4 yuan / kWh, which last week traded at 1.42 yuan mainstream / kWh; hair mining areas, ≥ 60% gross wolframite ore 1.39 yuan / kWh, ≥ 60% white tungsten ore 1.38 yuan Mao / kWh, rising prices are in the vicinity of 1.4 yuan / kWh.

Downstream tungsten smelter because of financial difficulties, product goods to go slow, not positive for tungsten ore purchases, the basic demand procurement; portion of tungsten ore traders intend to take advantage of low-cost procurement sources, constantly suppress tungsten concentrate prices; But hold stocks cheap shipping will not, result in tungsten ore deal stalemate. Expected due to the recent downturn in overseas demand is very buyer slight advantage, price range, or close to the lower limit of the slow, steady prices lower.


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