"The Golden Sep" Will No Longer Be Valuable

Details: Category: Tungsten's News; Published on Monday, 25 August 2014 11:59

Downstream demand for tungsten is not prosperous, market participant's confidence is further weakening. without much direction for the later market, some grocers think tungsten market will recover in Sep or Oct, and they tend to wait and see. however, some merchants think that without the support of effective demand, the market of tungsten is not good on the whole. Department stores that tungsten market overall is bad this year, and "The gold Sep" will no longer be valuable, then the market confidence will become weaker, the price also will carry the risk of falling, so tight sector businessmen prefer to decrease the deal, test the market, and reduce the risk in small quantities.

It is reported that the price of black tungsten concentrate is near 103000 yuan/ton, white tungsten concentration is near 101000 yuan/ton, the buyer continues to lower the price and the seller is reluctant to sell out. It is expected that the market of tungsten will be stale in the recent.

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