After the Lantern Festival, tungsten enterprises ushered in the real start of the tide, especially the raw material market impact of the larger APT smelter, the main producing areas of Jiangxi region, no special reasons, the smelting enterprises have started production.
The main areas of Inner Mongolia, Heilongjiang, Gansu, Xinjiang and other places, tungsten sand market offer very little, in addition to Henan large-scale tungsten ore offer, the other areas of tungsten mines and trade Enterprises are basically no tungsten concentrate offer.
Tungsten concentrates basically no quotation, the majority of smelters basically did not offer to the market, the main market transactions from Jiangxi and Fujian two large tungsten enterprises long single, APT cash price of 110,000 yuan / ton. Henan a large smelter acceptance price of 11.2-11.3 million / ton.
At present, a large-scale tungsten enterprises in Fujian APT long single take a weekly price, its long single purchase close to 10% of the bulk market, the long single price has become an important reference price of the market, there have been smelters said in the market inquiry , There have been companies require a long single price to purchase.
Tungsten futures market is expected to slightly rise, mainly due to tight supply from the raw material market, APT market will be reluctant to sell the attitude, as well as most companies optimistic attitude will also affect the market to a certain extent.