Last week, the domestic tungsten market significantly falling stabilizing, miners are less willing to ship at low prices, wait-and-see mood is aggravating, different from the first two weeks, miners' reluctance to sell has increased, there are three main reasons for the change in the source marke, the first is naturally demand less , in the past two weeks,the tungsten miners are actively selling and many smelters have received a part of the inventory, and ganzhou region smelters to shut down, caused the slow inventory consumption, reducing the demand naturally, so even if tungsten mines will be sold at a lower price and will have no effect.

　　The second reason is the profit space is narrow, tungsten concentrate price begin to rise from mid-april and fell until mid-may, the increase lasted for nearly a month, black the tungsten ore price rose to 112500 yuan/mt from 108500 yuan/t , up by 40,000 yuan/t, however prices fell to 110500 yuan/t now, the profit space significantly reduced , this also let miners shipment more carefully.

　　The third reason is that the mentality of the manufacturer has changed. If the price of APT is high and tungsten concentrate is low, then there will be some imbalance at the tungsten end. As of today, the price of 60-degree tungsten ore on the market is about 109,000 / ton, while the price of black-tungsten standard ore is about 110000-110,000 / ton ,at the beginning of this week, the long-order price of 65-degree black tungsten for several tungsten enterprises in jiangxi province was 11,100 yuan/ton, while the price of white tungsten was 109,500 yuan/ton, today, Xiang lu tungsten industry gives the long purchase price that 55 degrees of black tungsten is 113 000yuan/ton and white tungsten is112 000yuan/ton .

　　APT market high stalemate, the market volume very little except long list, most enterprises have prepared some stocks after a rise, the market less bulk clinch a deal, small quantity price is basically above 180,000 yuan/ton, three tungsten enterprises give long single quotation last week, at the begining of this week ,xiamen tungsten long single offer is 175000 yuan/ton, ZhangYuan tungsten quotation is 177000 yuan/ton, and today xiang lu tungsten long list price is 182000 yuan/ton acceptance, the bulk market has more than 180,000 yuan/ton of transactions, a small number of high price transactions pulled up the market average price.

　　Smelting plants in chongyi and dayu outside ganzhou city are producing normally, while smelting plants in ganzhou city are still not operating normally, there are six major discontinued factories, according to comelan statistics, the six smelter output reached 1500 tons in April , the output in May will be bigger if all normal production, so the APT supply of current in ganzhou area still has a gap, but it is also less severe than expected, at least for the supply of short-term impact is not big, but the environmental protection problem is still there, the resumption period is unknown. After two weeks of buying and selling, there is little room for release at either end of the market, so the market will continue to appear deadlocked. The price of powder is increased with the price of raw materials. The price of tungsten powder is 280-282 yuan/kg, the order quantity is small, clinch a deal price close to high.

　　Overview, market goes flat, tungsten concentrate has stabilized, APT gains slowed, the market is still rely on environmental protection check limit production support, It is unknown when ganzhou smelting plant will start operation, but the feedback from the manufacturer, normal production may not resume until early June at the earliest,and individual manufacturers may not return until the middle of June, so the APT market will have a shortage of supply in the short term, but the demand will also drop, market standoff at high prices for a period of time.

　　Comelan exclusive writing, reprint must investigate!