Tungsten ore market funds tight, spot transaction is now deadlocked

Tungsten downstream demand has not yet been improved, resulting in the latter part of the tungsten price rose more weakness, the market outlook is not very clear, many miners think this rally is not expected for two days some hold stocks of tungsten ore shipments will increase slightly, but Requirements must be cash transactions, then the current tight market funds partial, spot transaction is now deadlocked. Expected late March or tungsten ore market showed a steady slow trend was up.

Due to last year's ore price has fallen below the cost line, after a slight rebound, the current ore price is still low, the recent possibility unlikely ore prices continue to fall, then the terminal tungsten demand yet to see significant improvement in fatigue post-ore prices rose sharply, but there is still the possibility of a slight increase, it is understood mainstream price wolframite ore hovering above 60 degrees 84,000 yuan / ton down.


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