Tungsten ore market confidence frustrated, holding cargo shipments will increase

Tungsten City wait and see mood strong, overall price stability maintenance vulnerable spot thinly traded. Tungsten mines continued exploitation, increasing supply; downstream tungsten iron / APT and other smelter home because of environmental deepening downturn in demand and production enthusiasm is low, demand for raw tungsten concentrate more sluggish; coupled with the existing inventory, the current oversupply of tungsten concentrate, and there is growing trend. Today, the market price of tungsten concentrates was down, ore prices fell by about 0.01 yuan / kWh, tungsten concentrate price decline is not obvious, priced reduced turnover scheelite concentrate more concentrated in the 100,000 yuan / ton or less.

"Golden September" is no longer the gold market confidence frustrated, holding cargo shipments will increase, due to post-market buyers may still decline, but cautious buying and depress quote. Tungsten market is expected this week or steady slightly down mainly scheelite concentrate price of 60 degrees or completely below the 100,000 mark.


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