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Tungsten Market Analysis: Market Stalemate Forward Trading Volume Is Low

The  main trend of the tungsten market this week is still the main  stalemate. After a few weeks of market transactions, both buyers and  sellers have operated. Today, the market price is at a high level, the  turnover is decreasing, and the manufacturers wait and see attitude is  getting more and more concentrated, and at the end of every month, There will be no big waves in the market.

In  recent days, the tungsten ore market has remained stable, and tungsten  ore miners are reluctant to sell at low prices, and few foreign  suppliers offer, but high prices are also difficult to sell. Downstream  manufacturers have more stocks, less demand is released, and the  purchase price must be kept as low as possible. Up and down the stalemate is not reduced. At  present, the price of 65-degree tungsten ore is mostly at 1-11.110 yuan  per ton, and the price of 60-degree mulch is priced at 1.51-1.52 yuan.  Since there are fewer transactions in the market, there is no real value  to consider.

The  APT market entered the phase of stalemate, and the quotations were  still at more than 180,000 yuan/ton. Market transactions also started  around this price, and the buyers and sellers did not have strong  intentions to operate. There were smelters who said that the price was  higher than 180,000 yuan/ton, and the downstream acceptance Willingness  is not strong, if it is spot, it will be easy to sell some, otherwise  the transaction is very difficult, and below this price manufacturers  are not willing to sell, due to the impact of environmental inspections  in Zhangzhou region still, especially the smelting in Quzhou City The  start-up of the plant is limited, so the supply on the market is still a  small part, and Jiangxi province is still listed among the provinces  where environmental protection “reviews”, so the environmental impact is  still a key factor affecting smelting products. In the short term, the overall market performance remains high and stagnant, and turnover is not high.

Tungsten  powder market remained stable, tungsten carbide price 280 yuan / kg,  the price of tungsten powder in the particles reached 282 yuan / kg, the  transaction price gradually closer to this price, but most of the  downstream manufacturers are in sufficient inventory, and alloy plant  orders are also general Therefore,  the trading volume in the recent powder market is relatively small, and  everyone is busy with the production of existing orders. In the short  term, the powder market will also be a high-end stalemate.

In  summary, the main tungsten products market is difficult to buy at low  prices, high prices are hard to sell, there are fewer manufacturers to  buy goods, and there are not many manufacturers to sell goods. The  quantity released at both ends of supply and demand is very limited, so  the market as a whole has entered a stalemate phase.

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