English
In July, the market ended, the tungsten market continued its weak decline in July, and the prices of various tungsten products all declined. Although the manufacturers have been psychologically prepared for this weak market in July and August, the price decline has exceeded Many people expect that the price of tungsten concentrate, especially from the highest level of 15,000 yuan / ton in the first half of the year, has dropped by 102,000 yuan / ton (black tungsten standard mine), falling below the threshold of 100,000 yuan / ton. It is not impossible.
The price of APT has also continued to decline. The low price has reached the threshold of 165,000 yuan/ton. However, unlike tungsten concentrate, there are not many spot resources in the smelter. Some stocks have been consumed in May and June, and they are still owed. Some long orders, so there is not much spot inflow into the market, smelters are not in a hurry to take orders, downstream manufacturers are not in a hurry to buy goods, even if the downstream manufacturers purchase, most of them are mainly spot, the spot price Still in the 16.6-16.7 million / ton, the price will be lower when the futures.
The market price of tungsten powder is quite chaotic. The price of tungsten carbide ranges from 260-267 yuan/kg, the price of tungsten powder is 265-270 yuan/kg, and the price of large powder factory is maintained at 265-267 yuan/kg. Manufacturers quoted at around 260 yuan / kg more than cash transactions.
At present, the market still has no signs of stabilizing. July and August are the traditional off-season of the market. It is normal for demand to decrease. However, this year's light market seems to be more intense. The factors that lead to this situation are superimposed, even if there is no such thing as Pan Asia. With the stimulation of such factors as the trade war, the market will also be in the downtrend channel, but the magnitude of the decline may be relatively small. The current market lacks favorable factors to support, the market has no incentive to boost confidence, and the market is short-selling. Still accounting for more, in early August, manufacturers generally routinely wait and see, the price of long-term tungsten enterprises needs attention.
