The first quarter of the year, tungsten is still the continuation of 2016 volatility fluctuations in the current round of price increases and fall time in a month or so, but during the tungsten supply and demand relationship has not changed. Tungsten prices rose mainly due to seasonal factors and trade capital inflows, and the price drop is also due to the seasonal timeliness and trade funds outflow.
Long-term so, tungsten enterprises have become another important factor in tungsten price fluctuations, the majority of tungsten enterprises have to see the nature of fluctuations in price fluctuations, will be a reasonable hedge operation, reasonable price shipments, once in the rising range, the market spot Increase, the other tungsten enterprises will be the chain reaction, and even some tungsten enterprises will use the rapid price adjustment to deal with.
And large enterprises long single price on the market is still profound. Fujian, a large tungsten enterprises are slightly higher than the market price of tungsten goods to form a certain support, but due to the spot market weakness still exists, tungsten goods trading prices slightly chaotic, APT transaction price range gradually opened.
Spot market, the current mainstream smelter smelting tungsten ore mining prices are 1 yuan / kg, no orders and prices difficult to stabilize the background, most smelters remain cautious. Tungsten concentrate trading is not active, the price fell faster, the mainstream tungsten ore for the current price of the approval takes time.
In the short term, tungsten prices slow down the market, the market is difficult to make good, with most companies bearish expectations, tungsten prices are still in decline channel.