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The overall economic environment tungsten market downturn af
Engraving Tools-Guangzhou Jeefoo Cnc Tools / 2014-09-29
Since the downturn in the overall economic environment, making the tungsten market has been severely affected. Many companies have said tungsten concentrate, although in September, also known as the "Golden September", but the entire market demand in August with comparable light, and even downward trend. Market demand, the overall demand is not high plus funds are tight, making many manufacturers shrink production, lower operating rates, which also led to poor downstream demand for tungsten important applications throughout the market, as a whole, the market volume was light, performance is not active buyers and sellers, the overall industry mentality fluctuate. From the point of view of mine, although quite dissatisfied with the downturn of the market price, but because of the pressure faced by funds, in order to maintain long-term customer relationships, and to maintain normal mining and mining operations and other reasons, had to be shipped in accordance with the market price of the mainstream 65 degrees wolframite temporary price stability in the 10.3-10.7 yuan / ton. Visible market transactions in the doldrums, overall not clear, the industry agreed to remain cautious wait and see attitude until the tungsten concentrate market rebound before making plans.

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