Cargo operators reluctant to sell darker mood, Scheelite spot market transactions stalemate

With the Spring Festival approaching, the downstream powder, APT manufacturers have discontinued the end of maintenance, reducing demand for raw materials tungsten concentrate, tungsten concentrate market before buying phenomenon is relatively slight cooling, but the sentiment is still reluctant to sell goods holders doctrinal, Scheelite spot market turnover stalemate, a small amount of the transaction price are mostly 8.2-8.3 yuan / ton price of transactions.

It is understood that 60 wolframite mainstream offer 84,000 yuan / ton, the price has risen to 82,000 yuan / ton or more, because of spot purchases difficult, high-grade scheelite and wolframite post relative reduction of 60 degrees scheelite hold stocks of foreign asking is 8.2-8.3 yuan / ton.

Currently the mine is still at a relatively low price, the latter even without price increases, more limited declines, the risk of hot money into the tungsten and now the city is relatively small, so the traders and the hot money is still on active inquiry Scheelite intends store point of shipment, the coming year make the difference.

Analysts believe that the end demand is still weak, the raw material inventory is really large Scheelite history, it is expected before the Spring Festival tungsten concentrate prices rose fatigue, post or continue to firm, still was up possible.


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