Tungsten smelter family to survive the pressure increases, the cash price drop

Tungsten market continued to slump, tungsten chemical market downturn, demand continues to slump, profit margins continue to compress smelter home, survive the pressure increases, the manufacturers very price conscious of foreign offer basically remained stable, but the actual transaction strong but difficult, especially successful transaction the cash price decline is more obvious, although the spot market volume was light.

Sodium tungstate downstream market demand continues to slump, most manufacturers pessimistic about the market outlook, but by the cost of support, manufacturers offer a basic stability maintenance, 96% sodium tungstate offer basically concentrated in the 12.4-12.8 yuan / ton (cash - acceptances), APT it is difficult to operate the smelter home reflects, despite a slight decrease in the price of raw materials tungsten concentrate, but the downstream demand remained weak, unmarketable products more than raw materials. It is understood that now APT cash transaction price has completely fallen below the 160,000 mark, the mainstream focus on 158,000 yuan / ton down. However, the actual turnover was Yindie phenomenon, is expected to post the mainstream market quotations or will fall.


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