Procurement of raw materials more difficult, tungsten ore price up

Tungsten bullish market sentiment strong, raw tungsten concentrate market was particularly evident with the recent warming trend, some traders even bargain now hoarding tungsten mine, smelter family also intends to purchase the downstream part of the raw material reserves, increased market inquiry procurement. It is understood that 60 wolframite concentrate at 8-8.4 Wan mainstream offer, and there are 81,000 transactions, the transaction price is still in a slow uplink channel.

However, tungsten concentrate cargo operators sell mentality is very heavy, and no non-cash shipments, high inventory holding business now are not going to sell mine also sell some tungsten ore, tungsten ore spot purchases of raw materials more difficult, buyers have continually raised tentative inquiry.


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