Tungsten demand remained weak, tight market liquidity

Recent domestic economic environment remains in the doldrums, tungsten downstream demand remained weak, tight liquidity market businesses generally. Downstream manufacturers and product unmarketable because of funding constraints, while procurement is not active, actively lower prices; Scheelite high cost stock traders, shipping basically are faced with upside risks, so low will ship, and try to purchase low-cost supply of working capital , with low price and reduce risk.

It is understood that, because the market generally facing funding constraints of this problem, so now many products are tungsten cash transactions, especially tungsten ore, non-cash does not ship. Due to the current inquiry was okay, less low-cost supply, resulting in the difference of 55-65 grade tungsten ore pulled a small, 55-grade tungsten concentrate purchase price is 105,000 yuan / ton, 60 more than the price buyers are willing to accept 10.5 -10.6 yuan / ton.


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