Tungsten ore market enthusiasm is not high, the latter still slipped risk
- Details
- Category: Tungsten's News
- Published on Monday, 20 October 2014 15:58
Scheelite offer has been fully below the 100,000 mark, the market volume was light, only a small amount of the transaction, the transaction last week are mostly grade tungsten concentrate is about 60 degrees, concentrated in the 95,000 yuan price / ton. Despite the market decline, hold stocks of tungsten concentrate shipments will increase, but due to many traders put a lot before, in the hands of mostly high inventory stock, currently shipping will be upside down, so much the actual traders wait and see, positive action is not very high , mostly small amounts of goods to go to ease the financial pressure.
Earlier this week, tungsten concentrate prices continued to slump, downstream manufacturers of tungsten enthusiasm is low, the market is very low operating rates, especially tungsten, iron, sodium tungstate fear factory operating rate of less than 10%, and the favorable factors due to demand long overdue, late as the weather turns cold, the market may again reduce operating manufacturers. Risk is still expected to post ore price was down this week, the mainstream price of tungsten concentrate or focus between 9-9.5 yuan / ton.
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