Recently, tungsten ore market is in stalemated again with few transactions as tungsten market is generally stable. Both suppliers and purchasers are waiting and seeing. The sale of gross tungsten sand from Jiangxi province, Guangxi province, and Yunnan province gradually become stable, with price at 1.13-1.15yuan/mkg. Middle and small mineral enterprises in Hunan province experienced improvement and rectification. The mining certifications of some enterprises there were due, and the shipments were reduced, so its price is firm at 1.14-1.15yuan/mkg.
As participants expected, domestic tungsten concentrate supply is rich at present, and only tight in individual regions, so the tungsten ore price will keep stable in short term. |