Tungsten ore prices firm weakness, market sentiment strong

Today, the market price of tungsten ore essentially flat with last weekend, the market volume was light. Cautious miners operate, hold stocks very price conscious and more strong cash requirements, control production of tungsten concentrate smelter at home, take the goods difficult. Downstream APT smelter home in mid-November due to the procurement of certain raw materials, temporarily to meet production requirements, so the current procurement will be lower.

According to research from tungsten concentrate smelter family understood that due to the demand on the market today ferrotungsten few, tungsten iron market is also low operating rate of high-grade tungsten concentrates (65 degrees) demand is very small, so the second half of this year, they produce tungsten concentrate mostly around 55 degrees, the main supply APT manufacturers. Because the market is not in circulation high grade tungsten concentrate, tungsten concentrate mainstream market prices also led to low.

Tungsten ore demand is expected this week to break hard, tungsten ore prices firm weakness, but market sentiment or more full-bodied, businesses or wait guided introduction in December, a small drop in the price of tungsten or stable based.


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