Waste tungsten prices sharply lower, the market price confusion

Although tungsten scrap market mainstream lower prices, but the spot turnover is still very light, demand continues to slump, post scrap tungsten prices or due to lack of demand for support while still lower risk.

The main tungsten scrap market price is very chaotic, confusing reasons: First, the little scrap tungsten distribution market delivery, some cargo operators eager to continuously reduce Paohuo offer; the second is the tungsten market continued to decline, demand procurement when purchasing businesses also tried to suppress the price, and purchase small amounts; Third tungsten scrap prices continue to decline, businesses do not know to what extent will fall, so the operating active low, and more watching the market, resulting in a positive price adjustment is also low, resulting in a larger marketing margins tungsten scrap.

It is understood that the waste tungsten drill 165-175 yuan / kg quotes within the interval and recent big difference, less turnover. It is understood that the distribution market in Jiangsu and Zhejiang have spent 165 yuan this week, tungsten drill / kg price, but rarely amount; Hebei region has sold 174 yuan and less, now more than suspend.


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