The tungsten market has not changed much recently, the market supply and demand is not prosperous, wait-and-see has become the mainstream mentality, while APT spot continue to shortage of supply, but it's not enough to drive up the market, there is little room for further gains, and demand side also entered the off-season, under such a market, the market doesn't appear to be active, main tungsten products is stalemate.
Recently, the tungsten ore market has been stable deadlock, tungsten miners do not have high intention of low-price shipment, and even if want to deliver goods also not necessarily somebody can receive, so temporarily cover goods not to give, currently 60 degrees tungsten market price between 111000- 112000 yuan/ton, the spot flow of tungsten ore is not smooth, which will last for a short time, but in the long run, if the downstream smelter is still difficult to start production, the tungsten concentrate will slow further.
APT market haven't changed much, still remain high state of deadlock, the market reference transaction price is very limited, the spot price basically is controlled in 182000 yuan/ton, but there's also a factory reaction, and it's not easy to sell for a price like this, the market belongs to state of high price is hard to pin and hard to buy at low price, moreover, due to the large area of discontinued maintenance of smelters in ganzhou area, the supply of APT is still in short supply, so the market supply is small, the demand is not strong, the market supply and demand are small, the transaction is less natural.
Tungsten powder market unchanged, tungsten carbide price is 280 yuan/kg, it is difficult to break through the barrier, downstream to this price is difficult to accept, alloy demand weakened, price increases difficulties, inventory is now being depleted, with most of those on the sidelines, in the short term the powder market is still a high rigidity.
Overview, mainstream tungsten products market high deadlock, environmental protection remains a major concern, whether the manufacturer that stops production can resume production concerns the market trend of this month, in the short term, the market should be able to maintain the status quo of stalemate, for APT and powder, high price also brings high risks.
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