Tungsten ore market to stabilize, business funding constraints

Tungsten wiremarket is quiet today, prices continued to stabilize, despite continued high Minmetals offer, then the entire tungsten ore market is still active, and is currently not on the market continued to Minmetals acquisition of downstream tungsten smelting enterprises are also negatively affected by financial constraints restricting purchases tungsten.
According to our understanding of the depth of research, 60 degrees above the hair wolframite ore prices excl 1.85 yuan / kWh near 60 degrees above wolframite price 1.87-1.9 yuan / degrees, holding the goods because of funding constraints eager to cash in , and slightly lower offer, thus contributing to the high market quotes slightly callback.
Now exist throughout the tungsten market funds are tight this problem, we analyze the main reasons: First, the overall economic environment is not good, tungsten terminal sluggish demand, low demand for tungsten materials, merchants business is difficult; Second, long time ago Minmetals acquisition of a large tungsten ore, but the money paid relatively long period of time, some of the large mining companies financial pressure, impact drill, individual traders funds are gradually tense; three bank monetary tightening this year, the business loans more difficult.