Tungsten low increase in inquiries, clinch a deal is still weak

Continued weakness in demand for tungsten terminal, guidance prices also fell, buyers were continued stalemate, tungsten concentrate market this week stable and slightly lowered. Downstream tungsten smelting enterprises product unsalable, production operation, but with the current material tungsten prices hit bottom, manufacturers want hunters buy tungsten, tungsten market leads to low increase in inquiries, but the actual transactions remains weak, it is expected that the recent market mainstream price still lower risk, but limited range.

Shippers hand inventory costs are higher, the current price of shippers will ship is still low, shippers much hope in the traditional peak season "golden concentric drill bits nine silver ten", the current difficulties in the capital turnover and Well Drilling Bits forced to small unless the goods now, hold the goods market, under the support of tungsten concentrate prices decline, the mainstream.

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