English
Market opened this week, the market is still a stalemate, the supply side and the demand side are very light, neither the manufacturers are eager to ship, no manufacturers are eager to purchase, or that at this time would like to ship also difficult to sell, want to buy goods The others are hesitant. Therefore, it appears that the supply and demand are very light and lacking vitality in the market.
Tungsten concentrate continues to be stable, and low-price transactions are getting less and less, but high prices are still difficult to sell. Trading and trading space for traders is small. Most businesses maintain a wait-and-see attitude. At present, 65-degree tungsten ore is about 112,000 tons/ton, and many downstream smelters are still In the period of production suspension, inventory conversion is not a product, so there is not much room for taking inventory. At present, the miners are not very willing to ship, and the capital and inventory pressure is relatively small. Therefore, they should maintain a wait-and-see attitude in the short term.
The APT market is high and stalemate, and there is little release at both ends of the market supply and demand. Therefore, there are few market transactions. Yesterday, the transaction price of Guangdong tungsten enterprises was 183,000 yuan/ton for long single acceptance, and the bulk market price was 182,000 yuan/ton. However, most of them are spot transactions. There are very few transactions. The environmental inspections in Quzhou are still in progress. Therefore, the manufacturers that stopped production are temporarily unable to open up, so that the supply gap is retained. With the depletion of stocks, out-of-stock is generated for downstream production. The impact will really begin. If it does not start in June, then the market supply will be very problematic.
Tungsten powder prices remain stable, tungsten carbide offer 280 yuan / kg, the market gradually entered the off-season, fewer orders, coupled with difficult price adjustment of the alloy, so we can accept the limited price, individual manufacturers said that if the powder prices further increase, the alloy plant either Upward price adjustment, either stop production and wait, the current stage is still in stock consumption, if the inventory is exhausted, then the time is bound to make a choice, but the short-term high stalemate.
In summary, the supply and demand in the tungsten market are both weak, and there is insufficient incentive to increase prices. With the support of environmental protection, the prices of tungsten products will remain stable, and the market will also enter the off-season. Demand will gradually decrease, but there is no major imbalance between the supply and demand sides, so even prices There will be fluctuations and the space will be smaller.
