Tungsten ore prices continued to run low, dense cargo operators reluctant to sell sentiment

Although tungsten ore prices continued to run low, but reluctant to sell goods holders sentiment strong, shipments will reduce, for two main reasons: ① With the weather starting to turn cold, and some high elevation snow covering the mine has been low, Jiangxi, Hunan and other winter also increased the difficulty of mining, mine stopped mining increased; ② some of mine get some financial support, not this lack of funds, at the moment ore prices almost bottomed out, sell low willingness of foreign offer more strong; ③ Scheelite trade the hands of the stock more inventory is high, thanks to the current shipment of this, businesses that bank lending in January or eased, or will ease the financial pressure, then attempt to revitalize the then capital, reduce losses, and therefore traders to ship by the end of December willingness low.

Analysis is expected to: shipments will hold stocks because low, and the high cost of production of tungsten ore support, tungsten concentrate prices or temporarily stabilized.


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