Tungsten smelter survival pressure, enthusiasm is not high

National small holiday just ended, the entire tungsten market is little turnover, continued weak demand, APT, tungsten, iron, tungsten products manufacturers low profits, lack of confidence, foreign offer is not active, this price will undoubtedly generate a certain degree of support, most of this week, more than the price of tungsten products temporarily disadvantaged stability maintenance.

It is understood, APT plant shutdown increase, APT increased pressure on manufacturers to survive, currently concentrated in the 15.6-5.7 APT cash offer yuan / ton, sodium tungstate concentrated in cash 123,000 yuan / ton, the market volume was light. The reasons are: First, less downstream Carbide procurement requirements; Second, the government even more in-depth environmental rectification, manufacturers were forced to stop production; Third, some small manufacturers cash flow difficulties; fourth major tungsten enterprises and institutions early October has just been published all guided lower, inadequate business confidence.


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