The Price of tungsten Continue to Wander in Trough, Few Transactions
- Category: Tungsten’s News
- Published on Friday, 15 August 2014 14:29
Tungsten prices continue to wander in trough, the market price to the interval low slightly loose, merchant capital is to set of dead air. The flow of funds is nervous and depressed demand constraints, which leads to few transaction of tungsten. The buyer's demand is not urgent and continuing crackdown on inquiry, the seller will lose money goods low, both sides continued stalemate, which is expected short-term ore price or shock downlink.
It is understood that the above 60 degree black tungsten concentrate prices in the mainstream 102 000-103 000 yuan / ton, above 60 degrees the white tungsten concentrate prices at 100 000 yuan / ton near the mainstream.
Because the tungsten metal itself value of fair, and tungsten business generally patience is sufficient, is expected to handle the loss in August businesses, merchant are holding more goods on arrival “golden nine silver ten”. The overall volume is difficult to increase.
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