Tungsten ore market stability maintenance operation, post activity or improve

Tungsten Market demand remains in the doldrums, today mainstream temporarily maintain calm, the overall volume was light, market activity is low, and in a short time is difficult tungsten market bottomed out, business confidence weakened. Scheelite hold stocks of raw materials very price weakness, but some are still being funded businesses do not want to lower shipments; downstream tungsten smelter home overall operating rate is low, very price conscious enhanced turnover Yindie.

Scheelite mainstream market prices are still hovering in the 100,000 yuan / ton in the vicinity, APT market price hovering around 160,000 yuan / ton, the actual cash transaction or 160,000 low points. Without a big positive factor stimulation, rose this year to usher in the tungsten price is unlikely, and with eleven small holiday approaching, some of the funds are insufficient or hold stocks of shipments will increase, market activity increase, by the end of September or the spot market turnover increased slightly.


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