Scheelite demand continues to slump, the market is up weak

Tungsten domestic market steady run, transactions in general. Scheelite downstream demand continues to slump, a large tungsten smelting enterprises financial pressure on raw material procurement Scheelite enthusiasm was not great. Insiders said that the current high price for downstream buyers contradiction strong tungsten concentrate market prices weak, while miners are reluctant to lower offer, buyers and sellers slightly stalemate.

At present, foreign demand for tungsten is not ideal, the market traded deserted. Market is expected to overseas buyers or intends to reduce purchases in April, May and then shot to wait. Domestic export traders hope in early May after the elimination of tariffs could usher in rising demand for exports. Recent domestic tungsten market is expected to be flat disk operation.


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