Tungsten ore mostly watching the market, spot transactions scarce

Tungsten ore downstream demand is low, the smelter family wants an ideal price of shipping difficulties. However, sufficient stock market, and many high-priced stocks, funds hold stocks were set, could not move. Recent tungsten concentrate prices continue to decline, the current ore price has dropped to the cost line edge, holding cargo shipments will lower ore prices gradually stabilized stabilized this week, only minor adjustments, week 60 degrees tungsten concentrate or focus on the 7.5 -7.8 yuan / ton.

Into late December, smelter return home more money, cash flow can be used to buy raw materials tungsten ore is very limited, constant pressure tungsten ore inquiry. It is understood that 60-degree wolframite inquiry at 77,000 yuan / ton, 60 degrees scheelite inquiry has been pressurized to 75,000 yuan / ton. However, cargo operators expect prices or improved in January, and the mine has been in limited low price declines late, holding the goods until after the market outlook, the operation is not active, two days tungsten ore spot transaction is minimal.


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