Narrow Decrease in Tungsten Concentrate Price
Ferroalloy Online: The demand is not strong, the consumption of tungsten concentrate is slow, the market spot circulation is not smooth, and the price of tungsten concentrate is reduced by a narrow margin. At present, the price of 55% wolframite excluding tax is 1.53-1.55 yuan/kg/kWh, and the focus of price negotiation is moved down.
According to the feedback of a smelter in Jiangxi, as the current APT market demand is shrinking and the tungsten market is in a negative decline, the pace of raw material replenishment is slowing down, mainly to destocking. The market consumption of tungsten concentrate was not followed up, the market spot circulation was blocked, and the price of tungsten concentrate was under pressure.
In general, due to the shrinking demand in the downstream, the transaction of tungsten concentrate is not smooth, and the spot circulation is blocked. The subsequent focus is on the demand expansion. Narrow decrease in tungsten concentrate price
Ferroalloy Online: The demand is not strong, the consumption of tungsten concentrate is slow, the market spot circulation is not smooth, and the price of tungsten concentrate is reduced by a narrow margin. At present, the price of 55% wolframite excluding tax is 1.53-1.55 yuan/kg/kWh, and the focus of price negotiation is moved down.
According to the feedback of a smelter in Jiangxi, as the current APT market demand is shrinking and the tungsten market is in a negative decline, the pace of raw material replenishment is slowing down, mainly to destocking. The market consumption of tungsten concentrate was not followed up, the market spot circulation was blocked, and the price of tungsten concentrate was under pressure.
In general, due to the shrinking demand in the downstream, the transaction of tungsten concentrate is not smooth, and the spot circulation is blocked. The subsequent focus is on the demand expansion.
