English
July was the end of the first half of the market. However, the weak market conditions have not yet ended. It may have only just begun. July and August are the traditional low season for domestic and foreign demand. Purchasers will also try to delay purchase time. The entire market looks a bit weak.
Tungsten ore market is still weak, prices have no obvious changes, tungsten concentrate consumption is still slow, manufacturers selling the difficulty is still relatively large, because there is not much demand to enter, the market is also very few transactions, week early tungsten grade 55 grade black and white The long-term price of tungsten concentrate is 11.15.125 million yuan/standard ton (acceptance draft), and the market price (65-grade black tungsten) is more than 111,000 yuan/standard ton. If the downstream is received, the price will be lower. .
The price of APT has been running at a high level throughout June, with an average price of over 178,000 yuan/ton. The average price in June last year was only 127,000 yuan, and the price rose by more than 50,000 yuan/ton. In July last year, the whole market In the mine, the next step is to triumph, it can be said that the off-season is not weak, and in July this year, it is foreseeable that APT prices will fall. The recent quotation is around 180,000 yuan / ton, but it is actually difficult to reach this price in the course of operation. The market price has dropped back to 180,000 yuan / ton, and there are a small number of transactions from 178 to 179,000 yuan / ton. The spot transaction is mainly because the market has a large number of transactions, so the price that can be referenced is very limited. The long-term quotation of a large tungsten enterprise at the beginning of the week is an acceptance bill of 181,500 yuan/ton, and the long-term price of the past two weeks. They are 17.7 and 178,000 yuan/ton respectively, which is basically the same as the price in the first half of the month. The follow-up market price will be around the long-term price. There will still be a long-term quotation of the tungsten enterprise this week.
This week, the smelter in Zhangzhou area will resume production as scheduled, and it needs attention. In fact, the treatment of smelting waste residue has not been completely solved. Most smelters deposit waste residue into the warehouse, which is undoubtedly for production. There are certain restrictions on production. If the smelter can start production normally, it will undoubtedly ease the pressure of tight supply and relieve the pressure of tungsten concentrate shipments, but this effect is not obvious in the short term, and if the back-end demand is still weak, then the supply side Stress relief will cause a short-term imbalance between supply and demand. It is expected that there will be no major changes in the market trend this week. The weak position is still the main trend. In the market, it is difficult to open the transaction situation. The price of the Ganzhou Tungsten Association and the long-term prices of several large tungsten enterprises are particularly important. .
