【Chinatungsten Online News Net- Tungsten News】

Today, the domestic market volatility is not tungsten concentrate prices basically unchanged from yesterday, market trading is still small.

Currently, the market is 65% quoted in the mainstream wolframite 120,000 yuan / ton, up and down, the actual transaction price at 11.5-11.9 yuan / ton, and yesterday was essentially flat. 55% quoted in the mainstream wolframite 116,000 yuan / ton, the actual transaction price is 11.1-11.4 yuan / ton, and yesterday was essentially flat. The recent market rumors national purchasing and storage plan, it is understood, the State Reserve plans to acquire 65% in 2014 wolframite 20,000 tons, 18,000 tons of which the proposed acquisition of Minmetals, chapter Tungsten 1,000 tons, 1,000 tons Xiamen Tungsten. Specific purchase price and execution time, not yet publicized. However, weak demand in the year, the market is not fundamentally good, so we think tungsten concentrate market was little changed before the Spring Festival, the overall turnover in general.