Tungsten ore deal has now inverted, cargo operators reluctant to sell darker mood

Scheelite week spot market transactions are still deadlocked, the purchaser continues to suppress the inquiry, tungsten ore deal has now inverted, tungsten ore price has been fully below 80,000 mark, cargo operators reluctant to sell darker mood, unless faced with funding problems. Near the end of next week, or slightly increased cash volume, but the price is hard to better.

With the New Year approaching, most of the mines shut down, most traders also suspended stocking more intense throughout the tungsten market funds, liquidity is worse, tungsten ore demand continues to weaken: one downstream tungsten smelter home unmarketable products, financial stress while reduce demand for raw materials tungsten ore; on the other hand, some mines or hold stocks of traders to alleviate the financial difficulties, and take the goods relatively positive.


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