Tungsten ore low willingness to hold cargo shipping business, not a non-cash transaction

Tungsten ore prices continue to be suppressed, 60 wolframite concentrate on mainstream offer 80,000 yuan / ton, the market is very tight liquidity, lower cash transaction price. However, downstream smelters home by sluggish demand and lack of funds the dual constraints, weaker demand for raw materials tungsten concentrate, tungsten ore spot thinly traded.

With the end of the year approaching, the weather cools, tungsten ore mining and smelter gradually discontinued holiday plans, and the current market continued to decline, the operating rate at the end of this year will be lower than in the past, tungsten ore shipments will hold stocks or less, If not faced with financial difficulties, will not be sold to ease the financial strain problems.

Although the purchaser continues to suppress the inquiry, but tungsten ore cargo hold very conscious of price, offer relatively strong, and some even hold stocks pause outside offer, resulting in the price of tungsten ore market is relatively chaotic, greater level of spread, 60-degree black tungsten concentrate market is 83,000 yuan / ton offer, there are 78,000 yuan / ton lower inquiry, or even lower.


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