English
Halfway through September, the demand for tungsten is still not strong. Although the market price remains unchanged, the actual transaction volume is very small. Therefore, the manufacturers have no confidence in the market in the second half of September. After this week, Mid-Autumn Festival holiday, after the small holiday is the National Day holiday, so in this period of time, there is not much time available for market reaction, so whether the market demand can enter the market in a limited time needs attention.
The tungsten ore market is relatively calm, the price of the mine is basically unchanged, and the attitude of the tungsten miners is very clear. If there is no financial pressure, the manufacturer will not sell at a lower price than the market price, but it is difficult to drive the sale above the market price. Due to the compression of profit margins of downstream products, the market trend is unclear, and the intention of downstream manufacturers to stock up is not high. At present, the transaction price of tungsten concentrates around 65 degrees is maintained at 9.9-100,000/ton, and the turnover is less.
The APT price is about 158,000 yuan / ton, the transaction of 158,000 yuan / ton or more is very difficult, the market price of 15.6-15.7 million yuan / ton also appeared, but the transaction volume is very small, due to the current price of APT and tungsten concentrate The price difference between the prices is already very small, so the price of the price is limited. Unless there is financial pressure, the smelter will not sell the same, and like the mine, the APT is in normal production, and the difficulty in selling the goods means that the inventory is constantly backlogged. Over time, it will put a lot of pressure on the market.
The tungsten powder market is also very calm. The orders of the alloy factory and the powder factory are still relatively small. The orders are small, which makes the manufacturers buy goods “heartless”. At present, the price of tungsten carbide is around 250 yuan/kg, and the price is 248-251 yuan/kg. In the short term, the powder market is still weak and stagnant, waiting for demand to pick up.
In summary, this week's market or the last week's market, stable but stalemate, supply and demand are not prosperous, manufacturers should also be on the sidelines, the price of long-term companies need to pay attention.
