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Tungsten concentrate market and slow digestion, lack of upward price momentum

Posted by: Chris Na 2021-12-10 Comments Off on Tungsten concentrate market and slow digestion, lack of upward price momentum

tungsten concentrate market and slow digestion, lack of upward price momentum

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Category: Tungsten’s News
Published on Tuesday, 24 March 2015 14:29

The current market price of the mainstream of tungsten concentrates in 85,000 yuan / ton, excluding tax metal t offer for 1.13 yuan / kWh, the spot market volume was light, but still there are a number of transactions, and the more recent transactions are scheelite .

Carbide factory operating rate is low due to the downstream, APT, tungsten powder smelter possessions energy release rate is too low, so the consumption of raw materials Scheelite slow, combined with the larger history of tungsten ore inventory pressures, resulting in weak ore price rise. It is understood that the miners generally are not optimistic about the tungsten market before the festival that recent market stabilization of the main ore price rise, lack of motivation, by the end of April, May downstream manufacturers usually replenish stocks, when tungsten demand or will be improved current tungsten ore market sentiment remains strong.

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