tungsten ore prices firm maintenance of stability, but the upstream weak
- Category: Tungsten’s News
- Published on Monday, 30 June 2014 16:02
Maintenance of stability-oriented tungsten market today, Scheelite offer flat, not market demand continues to improve, the transaction price is hovering at a low position, currently traded in 110,000 yuan / ton. Lack of internal demand is expected to support short-term, tungsten concentrate prices up will be blocked, July ore price or less steady decline.
However, both the traditional miners of gold, nine silver ten have great expectations that this year there is a tungsten City certainly gained momentum, most likely in the fourth quarter, thus holding cargo ship will generally not high, wait and see mood strong. Meanwhile, investors also believe that the turning point may have ushered in the late tungsten City, concerns more hot money into the city late tungsten or increased.
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