Tungsten ore market continues to light, or continue weakening ore price

Tungsten concentrate market turnover continued to light, the mainstream offer temporary steady, but the actual low, dropping slightly, the current price of tungsten concentrates slightly down compared to last week, 500-1000, mainly interval low dropping, the high cost reduction, customer inquiry are concentrated in the range of low-cost and continued to suppress the inquiry. Wolframite is concentrated in the mainstream 9.2-9.4 yuan / ton, the mainstream market scheelite concentrate in 9-9.2 yuan / ton.

On the one hand, mining more than normal start, even though production has begun to pay attention to control, but with the history of the accumulated inventory, tungsten ore spot supply is still growing. On the other hand, the buyer purchases cautious, and more on-demand small purchases, and it is understood Pan Asia Shouchu nearing completion, downstream tungsten demand increasingly shrinking. He increased this reduction, tungsten increasingly fierce market supply and demand, is expected to post weaker ore price or continue.


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