Signs of market recovery does not occur, paratungstate prices lower

Tungsten Market Festival signs of recovery does not appear, some downstream APT smelter home still closed for purchase, but individual manufacturers continued production workshop started Scheelite procurement difficulties, resulting in an increase in the cost of production of tungsten iron, but the market demand for light, in current low price of tungsten, tungsten mines resume production discontinued enthusiasm little or delayed start. After the Spring Festival holiday, tungsten ore traders to enter the market, but who are still reluctant to sell goods suppliers, buyers also purchase cautious, purchase offer is consistent with the year ago, the market turnover is rare, no cargo hold stocks cover.

Recent tungsten market volume is still deadlocked, the price of tungsten concentrate and paratungstate weak lower. Analysts believe that in the short term Scheelite, paratungstate market or slightly lower, but does not rule out the possibility of shock consolidation.


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