Tungsten ore demand continues to decrease, the cash transactions difficult

Tungsten ore market demand continues to decrease, the cash transaction difficulties, wealthy businessmen have ownership of tungsten, and then most of the year is approaching businesses money tight, cautious overall market operations. Short-term or continuous tungsten market is expected to run weaker.

Current demand continues to decline, supply exceeds demand, supply and demand become more prominent, dominant buyer, and continue to suppress the inquiry, to see a small amount of purchase price, resulting in market transactions continue Yindie spot mostly low cash deal. Hold stocks inventory and more high, and the current price is already very close to mainstream tungsten mine production costs, tungsten ore traders dilemma facing upside down, mine is about to challenge the cost line, holding cargo shipments will lower, but the difficult part of the forced funding The small amount of cash to take the goods.


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