Tungsten light trading market as a whole, the business is currently more on the sidelines
- Details
- Category: Tungsten's News
- Published on Thursday, 05 March 2015 16:33
Festival, the domestic market tungsten mediocre, keeping the overall market to stabilize the main trend. Although the downstream tungsten products manufacturers have to work, there was no significant improvement in downstream demand, then the operation is very cautious, tungsten ore procurement will temporarily high concentration of market sentiment, temporarily ore prices unchanged, and the high bid is slightly down, now willing miners offer goods slightly senses, expected short-term price of tungsten ore or sustained stable.
Tungsten light trading market as a whole, the business is currently more on the sidelines, the market is expected to rise next week tungsten sellers, if there is still no increase in downstream demand, tungsten or oversupply, prices will lack support. Because ore price rally is not yet clear, the miners will ship is not strong, the wait for a better opportunity, business market enthusiasm is not large, ore prices are still hovering at 85,000 yuan / ton.
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