[Ferro-Alloys.com]Market source indicated that domestic tungsten ore price declined to RMB119,000-120,000/mt(USD19,508.1-19,672.1/mt), tungsten content 60% price was RMB120,000-121,000/mt(USD19,672.1-19,836.0/mt), tungsten content 50% price was RMB116,000-117,000/mt(USD19,016.3-19,180.3/mt).

 A tungsten ore supplier in Hunan province showed that the market was unstable this month as market demands remained low. Many end enterprises had to exam and repair at the end of 2013, they stopped purchase tungsten ore and production. While the tungsten market remained in the doldrums, the production situation was normal, the supplier indicated. The operation rate was stable and the output didn’t decline. All the products went to Minmetals at the purchase price. However, he showed worried about the market next year.” We could only keep wait-and-see attitude.” He said.

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