In the last week's market, there has been little change in price, the market supply and demand are very weak, on the supply side, the production stoppage of smelters in jiangxi province has resulted in a continuous shortage of APT supplies ,and terminal demand side is not ideal, seems to have entered the off-season, this kind of market, market rose have fatigue, high - level deadlock into the mainstream market.
The tungsten market has continued its previous stable trend, but some of the factory's reluctance seems to be weakening, some manufacturers increase shipments intention, several causes of this change, near the end of the second quarter and dragon-boat festival holiday, do not rule out some manufacturers will have cash flow problems, in addition of ganzhou district smelter has been discontinued for a long time, the expected resumption date is getting closer, some manufacturers concerned about market price down perineum so to sell in advance, but the sales situation is not ideal, the downstream inventory is relatively adequate and the demand is limited . In terms of price, the 65-degree tungsten mine is 112,000 - 113,000 yuan/ton, and the downstream fear high sentiment is strong, resulting in the tungsten ore goods difficult to sell, market high deadlock.
APT market stabilization, market price in 18-182000 yuan/ton, market, the market is in the situation that high price difficult to sell, low price difficult to buy , and as a result of the smelters in ganzhou area are largely shut down, APT spot shortages problem not solved, and the downstream demand is not very ideal, market supply and demand two prosperous, clinch a deal naturally difficult to keep up with, so high level deadlock is still the following mainstream market.
Tungsten powder market stability, tungsten carbide quoted price 280 yuan/kg, clinch a deal the price is very difficult to break through this price, the downstream alloy demand weak, into the off-season, demand release space is very limited, plus the cobalt powder prices continue to fall, to raise prices have been hampered, acceptance of high - priced tungsten carbide is limited, therefore, the demand of powder market in the short term is also dominated by high level deadlock.
Overview, market supply and demand are weak , high rigidity, small long holiday approaching, the market there will be no big fluctuations, in late June, the market is more likely to hold steady with weakness, the main factor will be whether the smelters can start operating as scheduled, which is the biggest factor affecting the market in June.
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