Widespread throughout the city bearish tungsten, scheelite concentrate harder to deal with votes
- Details
- Category: Tungsten's News
- Published on Tuesday, 14 October 2014 17:33
Entire general tungsten City bearish, the market as yet no positive factors, there is no breakthrough in the short term demand, tungsten business confidence has repeatedly frustrated, increasing tungsten smelter shutdowns and other home downstream smelters home purchase raw tungsten concentrate less on intent, Scheelite quotes continue to decline, despite the low price, but turnover is rare.
It is understood that 60 scheelite has emerged & le; 9.5 yuan / ton of low price, 60 wolframite inquiry are as low as 9.5-9.6 yuan / ton. And because a large inventory of tungsten concentrates, smelter home less demand, the price of tungsten concentrate market is chaotic, black tungsten concentrate 50-60 degrees difference was not significant, some manufacturers only purchase wolframite, some manufacturers do not only purchase tax of tungsten concentrate, most manufacturers to suspend procurement, watching the market. Is expected this month or tungsten concentrate prices will continue to slow down.
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