Tungsten concentrate prices fell slightly more than watching the buyers and sellers

Tungsten wire market prices fell slightly today, buyers and sellers wait and see mentality darker, closing market quiet. As far as we know, 65 degrees wolframite kind ton tax mainstream price is 14.1-14.4 yuan / ton, metal t does not offer tax is 1.86-1.9 yuan / kWh, and the actual turnover of mostly cash. 60 degrees above the hair wolframite ore price excluding tax of 1.83 yuan / degrees, 60 degrees above the gross scheelite ore price excluding tax of 1.81 yuan / kWh.
We analyze the main reasons for the decline in the price of tungsten concentrates are: First, the downstream tungsten smelter home to the tungsten demand continues to slump; Second, businesses are cash-strapped, cash transactions are required to pay the lowest price natural than promissory 1000-2000 yuan / ton, and eager to cash in when the price is also pressure point; Third, no large enterprise Minmetals announced a new acquisition plans; fourth is generally weak overseas demand for tungsten City. We expect the overall market this week, the city presents tungsten steady weakening trend, demand is difficult to have a big breakthrough.