English
The tungsten market entered an off-season, not only has its demand decreased, its supply has also decreased, and its market performance has been very stale. Apart from long-term trading in the past two days, few transactions have taken place. The impact of environmental protection inspections remains, and smelter production is limited. This is the most powerful support and the only support for APT prices.
Tungsten ore market deserted atmosphere, downstream manufacturers had sufficient inventory, wait-and-see sentiment was relatively strong, smelter production was limited, resulting in slower consumption of tungsten concentrate, and the lack of multiple APTs resulted in tungsten concentrate prices being difficult to increase further. At present, the 65-degree black tungsten trading price is 112,000 yuan/ton, and the market conditions are somewhat depressed. The miner's offer is still firm, and the willingness to cut sales prices is not strong. It is expected that the ore price will continue to remain unchanged tomorrow.
The APT market has not changed much. The smelters that had stopped production in the Shuozhou region are still shutting down production. However, from the perspective of the smelters, the intention of the manufacturers to restart production is very strong, and the time for resumption of production is getting closer and closer. The APT long-term quotes of the enterprises are all the same as last time. The price is between 177.7 and 178,000 yuan per ton. The bulk market is rarely traded. The APT continues to rise and lacks momentum. However, the spot shortage still supports price stability, and it is 180,000 yuan. Ton is still a watershed, high prices are difficult to sell, and it is more difficult to buy goods at low prices, so APT prices will remain stalemate at high levels in the short term. In addition to the impact of environmental protection on smelters, sodium tungstate producers have also been affected to a large extent. The concentration of sodium tungstate producers in Jiangsu Province has ceased production in large areas. However, downstream companies have also entered a state of suspension of production and rectification, so price changes are not Big.
Tungsten powder market conditions are generally, powder plant orders are not very satisfactory, on the one hand the market has entered the off-season, the demand decreases, on the other hand the price of powder has exceeded the expectations of downstream manufacturers, so most of the downstream manufacturers are mainly to consume inventory, make up If it is used alone, it should be used to make up for it. The price of tungsten carbide is maintained at around 280 yuan/kg. In the short term, the market will still be dominated by high levels of stagnation.
In summary, the prices of major tungsten products remain basically unchanged, but the market with price-free market is very obvious. Under the circumstances that the smelters have not yet been opened up, the market may not have undergone any major changes. Environmental protection issues are still the focus of recent attention.
