Inquiry lower tungsten ore, thinly traded

Tungsten concentrate market continued market downturn, the parties' intention is not large, the market volume was light. Tungsten ore buyers continued to weigh on prices, currently 60% of the tungsten mine in the vicinity of 1.4 yuan inquiry / kWh, but almost no turnover in this price.

State Reserve Bureau are starting this week, purchasing and storage, cobalt, molybdenum, by the stimulus, cobalt price, which has raised the price of molybdenum, tungsten, market participants are now looking forward to this season could usher in tungsten reserve, digest some stocks pressure. However, so far still has no news of tungsten Shouchu expected absence of external stimuli, the short-term weakness tungsten prices rose.

Some of the financial pressure on small manufacturers or traders are still receiving, but the volume is reduced relative to the previous lot. It is understood that more than 60 degrees wolframite now without a ticket deal more in the 1.42-1.43 yuan / kWh, with a vote of 55 degrees tungsten concentrate prices are also concentrated in the 10.5-10.6 yuan / ton.


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