Tungsten guided reproduction differences, market sentiment is still the continuation of

September Minmetals and guided ITIA reproduction differences ITIA wolframite down to 105,000 yuan / ton, Minmetals still 110,000 yuan / ton, unchanged, both prices are higher than the actual market price, current market practice price 103,000 yuan / ton in the vicinity, so one time guided little impact on the spot market, but continued weakness guided undoubtedly once again hit the business confidence.

September guided weaken again, large enterprises have been slow to major initiatives, continued weakness in domestic demand, business-to-September rose tungsten City does not expect too much. It is understood that the overall market today tungsten steady run, tungsten concentrate, APT, tungsten and iron smelter external offer are unchanged, businesses trading operation is relatively cautious market sentiment still continued.


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