Hard tungsten concentrate prices stabilized stabilized, the business confidence in the setback

Since the end demand continues to release hard throughout the tungsten market prices continued to slump, tungsten ore prices lack support, stumble endlessly, tungsten-based product line overall cost approach, has shown a lot of even upside down, the business confidence in the setback.

Hard tungsten concentrate prices stabilized stabilized, the downstream tungsten smelter shutdown intensified, most manufacturers are actively de-stocking, and business generally bearish outlook tungsten, tungsten concentrate on raw material procurement will be more weak, down strong tungsten concentrate inquiry, Last week more than 50 degrees of tungsten concentrate inquiry has fallen below 70,000 mark.

It is understood that in June the market price of tungsten ore unsatisfactory, the mainstream price of 50-55 degrees scheelite concentrate at 7.1-7.2 yuan / ton. With the summer holidays approaching, late or weaker overseas demand, tungsten Write to see the city is expected to rebound, we expected to post more than 50 degrees or scheelite price fell to around 70,000.


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