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(6.20)Tungsten market analysis
   Hits:   UpdateTime:2018-6-20 9:30:09
Keyword:Tungsten
Elan Website Press:

  Small Dragon Boat Festival holiday just passed, but the market seems to have not recovered from the vacation, all still looked like before the Dragon Boat Festival, little change after opening the market, high rigidity, buying and selling stalemate, sell goods manufacturers seldom, less buy goods manufacturers, factories consume inventory or wait for enquiry, upstream and downstream are waiting for the arrival of the "requirements".

  This week's tungsten market calm, basically continuation the state before the Dragon Boat Festival, market transactions is very little, the demand is light, manufacturer supply also don't have much desire, so the market may refer to clinch a deal the price is very limited, at present the price of the former tungsten concentrate remained at last week's level, with the black tungsten standard of 111000-112,000 yuan/ton, tungsten or maintain the status quo in the short term ,for miners, if not a shortage of funds is not sell at a lower price, but now ganzhou region there are still many smelters can't normal production, this lead to part of the downstream manufacturers inventory backlog, no more spare capacity to buy new raw material, So it remains a problem for miners that consumption is being held back in the short term.

  APT market was calm as usual, most production smelter in ganzhou district has not to resume production, APT supply source is still scarce, but demand is also very delicate, the downstream manufacturers do not make purchases unless necessary, and now the price is higher, the risk is bigger, the downstream risk aversion are enhanced, so high APT market stalemate, the price still is controlled in 180000 yuan/ton, the second half of the month is when the big enterprise long single centralized purchasing, how companies offer needs further attention.

  Tungsten powder market status quo, the price of tungsten carbide is controlled in 280 yuan/kg, for the downstream enterprises, the price is still hard to accept, so now most businesses in the consumption of inventory, less as far as possible to purchase the goods, and the market demand significantly into the off-season, powder prices can be maintained by the high price of APT, so in the short term is also high stalemate

  Comelan exclusive writing, reprint must investigate!

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