Tungsten prices weak stability maintenance, thinly traded spot

Tungsten prices weak stability maintenance, thinly traded stock, insiders low operating actively, more wait and see, the market is expected in the first week of tungsten or disadvantaged maintenance of stability after the main festival, April guide price or because of lack of support and the upstream weakness. Because the market is still on the traditional shopping season in May have certain expectations that guided April possibility of stabilization is also quite large.

Recent overseas tungsten prices were mixed, paratungstate European prices continued to decline, falling $ 5 last week the average price / ton degrees; ferrotungsten offer continued slightly upward, tungsten, iron Rotterdam price up $ 0.24 / kg. Outside paratungstate prices continue to fall due to: on the one hand to improve the delay in overseas demand for tungsten, on the other Chinese domestic prices paratungstate hard strong, export price lower.


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