With the coming of Chinese Spring Festival, tungsten market in China is reluctant to sell the whole mood darker, more domestic tungsten smelter production orders, shipments active low, slow rise in the overall price of tungsten, but the terminal needs to improve Write, tungsten prices rose weakness.
Currently the mine is still at a relatively low price, the latter even without
price increases, more limited declines, the risk of hot money into the tungsten
and now the city is relatively small, so the traders and the hot money is still
on active inquiry, Scheelite intends store point of shipment, the coming year
make the difference. Since the terminal demand is still sluggish, really large
inventory of raw materials Scheelite history, it is expected before the Spring
Festival tungsten concentrate prices rose fatigue, post or continue to firm,
still was up possible.
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