August 21 was 129.9 concentrates index TCPI

August 21 tungsten price 132,500 yuan / ton, the price index was 129.9 (2012-8-20,102000 yuan / ton), representing the lowest point of 100 cycles (2012-8-20) raised 29.9. Tungsten end demand for a long time has not been effectively improved, Minmetals month procurement plan has not been announced, businesses increasingly worried about the market, many choose to watch the market, at least temporarily operate or not operate.

Tungsten wire Market procurement needs too, thinly traded. According to sources, Minmetals last weekend asking the next miner inventory, consulted the next single, but in the meantime and not out of the acquisition plan, the latter will continue purchasing and storage is not clear. According to research, at present more than 60 degrees wool wolframite ore price 1.78 yuan / kWh nearby and procurement needs less; business confidence, traders are afraid to purchase tungsten, fearing heart harder shots. And due to lack of demand and financial pressure, cash transactions of small quantities of tungsten, the price even lower than the gross price is also mine. According to the analysis is expected this week, Minmetals if not taken any purchasing and storage plan, or tungsten concentrate prices this week due to lack of demand for support and fell again.