Tungsten ore inquiry or slightly increased, but the price of tungsten hard up

Tungsten City needs no improvement in the spot market turnover continued to light, increased mining losses, most have stopped mining, combined with the hands holding the goods are mostly high-priced stock, reluctant to sell sentiment concentrated; lead despite sluggish sales of tungsten, tungsten concentrate actual market demand weakened, but tungsten ore spot purchases more difficult, not buy cheap arrival.

Close of the year, the market is expected to fund shortage problems eased in January next year, this week, the downstream buyers inquiry will or slightly increased, the actual transaction or stabilized slightly firm, tungsten prices dragged down by weak demand and hard up. It is understood that the offer was still strong tungsten concentrate smelter home, generally in the 80,000 yuan / ton on the side point; but downstream buyers has continued to suppress the inquiry, the inquiry focused on 60 scheelite 7.4-7.5 ten thousand yuan / ton.


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