Tungsten City increasingly sluggish demand, reducing the number of APT processing

Tungsten City increasingly sluggish demand, reducing the number of APT processing, some institutions this month procurement plan have been delayed announcement of last month, has significantly reduced the purchasing downstream powder manufacturers consume less capable, November APT market demand less. APT smelter home offer a large drop, the current mainstream offer APT fell to 145,000 yuan / ton in the vicinity, but the actual transactions 143,000 yuan / ton immune to take the goods, APT market is still expected to post lower risk.

With the falling prices of raw tungsten concentrate, 96% sodium tungstate mainstream offer tax fell to 115,000 yuan / ton, the actual turnover or less, based on the length of time the money, given the number of other goods this month tungsten sodium manufacturers reduce production or even more, market transactions are not optimistic, the latter is still possible as sodium tungstate offer lower raw material markets continue to fall.


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