Tungsten City continued to improve tungsten ore prices rose more than 54%

       This week the domestic tungsten market continued to improve, raw materials tight prices Quotes Quotes dominate the market, but the end of supply and demand and funding pressures slowed down the price of tungsten. After the New Year's Day, the new Environmental Protection Tax Law is about to start levied, rising costs and expected delivery of goods to reduce later, to stimulate the bullish attitude of the industry, the short-term performance of the price of tungsten is still easy to rise up and down.

Tungsten concentrate market, environmental protection and the end of the year cut or stop the impact of mining enterprises, the mining area overall operating rate is declining, the supply of goods is relatively tight, business mentality remained strong, but the downstream and terminal pick-up in general limits the rational price adjustment , The recent tungsten ore market to maintain high consolidation trend. China Tungsten Online data show that tungsten concentrate prices in 2017 rose more than 54% (74,000 yuan / ton to 114,000 yuan / ton at the end of the year).