This Week the Demand of Tungsten Market Remains Weak

Details: Category: Tungsten's News; Published on Monday, 15 September 2014 09:55

The guided price from Minmetals and tungsten association is different in September, From tungsten association,the price of black tungsten concentrate is down to 105000 yuan/ton, but from minmetals it is still 110000 yuan/ton, both prices are higher than the actual market price, which there is little impact on the spot market impact in short term. However, it is no doubt that the weakening guided price has reduced businessmen's confidence again.

This week the demand of tungsten market remains weak, tungsten businessmen are in dilemma of operation, both buyer and seller are cautious. The dealing volume in spot market is weak, but the grocers are willing to sell, the lowest price of tungsten concentrate has increased a little than last week. It is reported that the dealing price of 60 black tungsten concentrate is 101000 yuan/ton in recent days, but the price of 60 white tungsten concentrate has been down to under 100000 yuan/ton, about 99000 yuan/ton.

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