Tungsten ore prices up blocked deal stalemate

Last week tungsten concentrate market conditions stabilize, leading tungsten concentrate prices remain low despite the raw material, but the actual turnover is still deadlocked, ore prices up blocked turnover stalemate, market participants generally believe that the recent price of tungsten or consolidation maintenance of stability-oriented, short-term or wandering at 8.2-8.5 yuan / ton.

On the one hand, with the tungsten end demand has not yet been improved, many years after the resumption of production of downstream tungsten smelter family has not received the order, and some manufacturers even re-suspension of raw material procurement will be cautious of tungsten concentrate, tungsten concentrate traded apparent stalemate; on the other hand, the delay in ore price rise, before reluctant sellers hold stocks of tungsten ore confidence eased, shipments will increase back to a more rational pricing of tungsten concentrate, high pricing has decreased, but both require cash settlement, subject to funding constraints limit stalemate spot transaction.


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