Market sentiment strong, tungsten ore prices temporarily holding stability

Tungsten products throughout the city to take the goods difficult, because near the end, tungsten manufacturers operate more cautious, very deserted spot market, the price of tungsten temporary stability maintenance, almost no turnover. Close of the year, APT, tungsten powder, tungsten smelter stop production increased sodium, tungsten concentrate downstream demand weakened again.

However, due to the current ore prices have fallen low, mine must cash before they agree to ship cargo hold traders also more reluctant to sell, while the downstream smelters home more liquidity tight, so the department downstream manufacturers in order to successfully purchase the raw materials for production, and Scheelite slightly raise the purchase price, resulting in tungsten concentrate prices are relatively strong in recent days.

Analysis is expected in the medium term, tungsten prices before New Year's Day, or due to lack of demand for support and slowly lower again; the short term, before the introduction of guided tungsten city or continue watching the atmosphere rich ore price or stabilization operation.


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