With the end of the season, sodium tungstate raw materials market downturn
- Details
- Category: Tungsten's News
- Published on Thursday, 25 December 2014 13:56
Raw materials such as sodium tungstate downstream market downturn, with the end of the season, ahead of shutdowns downstream manufacturers increased, making the difference on the demand of the market demand less of sodium tungstate, sodium tungstate, manufacturers were forced to cut offer, 96% of the current manufacturers quotations are mostly concentrated in 10.5-10.8 yuan / ton, but the actual turnover has dropped to 105,000 yuan / ton, the expected post-market price is still low down dangerous.
This week most of the APT smelter family continued to produce, and as demand continues to slump and inventory sufficient, in the absence of support for the acquisition of Pan Asia, the recent weeks of APT prices fell powerful, concentrated in the mainstream market quotations 13.3-13.8 yuan / ton and a small amount of the low turnover of more concentrated in the interval, the interval fell lower still tentative, today has now 132,000 yuan / ton lower offer.
Due to the current ore price has dropped nearly "bottom", in January 2015 the bank or mortgage may relax, tungsten ore cargo operators or even more reluctant to sell, so in late December APT smelter home on raw Inquiry increased, and the number of low Inquiry , but the actual volume was light, buyers and sellers on price stalemate.
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