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(6.21)Tungsten market analysis
   Hits:   UpdateTime:2018-6-21 9:30:09
Keyword:Tungsten
Elan Website Press:

  Tungsten market entered the off-season, not only reduced demand, supply is also reduced, the market is very standoff, in addition to nearly two days long deal, there is very little buying and selling produce, the impact of environmental inspections remains, smelter production is limited, it is the most powerful support for APT price, is also the only support.

  Tungsten market trading atmosphere is cold and cheerless, downstream manufacturers inventory sufficient, wait-and-see mood is thicker, smelter limited production, lead to the consumption of tungsten concentrate sluggish, the price of tungsten concentrate is difficult to be further increased due to the situation of more ore and less APT, the current ,65 - degree black tungsten market price is in 112000 yuan/ton, the market seem to be some depression, miners quotation is still strong, there is no strong desire to reduce the price and the price is expected to continue to move forward tomorrow.

  APT market change is not big, smelters in ganzhou are still being shut down, but from the smelter's understanding of the situation, the factory's intention to resume production is very strong, and production period is becoming more and more close, nearly two days , large tungsten enterprises APT long order quotations are level with the last time, the price in 177000-178000 yuan/ton, bulk market almost few clinch a deal, APT continues to rise without momentum, but spot shortages still support the price stability, 180000 yuan/ton is still a watershed, high prices are hard to sell and low prices are harder to buy, so in the short term APT standoff will still be in high price. In addition to the smelter is affected by the environmental protection, manufacturers of sodium tungstate are also greatly affected ,large area of production of sodium tungstate in jiangsu province has been suspended, but the downstream enterprise also entered into a state of halt production, so prices haven't changed much.

  Tungsten powder market in general, powder factory orders is not very ideal, on the one hand, the market has entered the off-season, reduced demand, on the other hand, the price of the powder is beyond the expectations of downstream manufacturers, soo the downstream manufacturers are mainly to consume inventory, if the order is also used to make up a little, tungsten carbide prices remain at around 280 yuan/kg, in the short term the market will still give priority to with high rigidity.

  In summary, the price of main tungsten products remains basically unchanged, but there is no market price is very obvious ,in the case of smelter has yet to open up, the market is no big change, environmental protection is still the focus in the near future.

  Comelan exclusive writing, reprint must investigate!

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