English
At present, the tungsten market is still weak spot transactions, tungsten concentrate market trading stagnation, trade enterprises are basically not quoted, and smelter procurement has been completed in the early, a small amount of spot transactions from the smelting market, Hunan APT cash transaction price of 114,000 Yuan / ton.
In fact, the root cause of the tungsten raw material industry is the tungsten ore and smelters caused by oversupply. Supply, tungsten concentrate supply gradually tend to normal level, the price is higher than the cost of private tungsten mines, by cost on the regulation of tungsten concentrate production is less likely; demand, the terminal carbide, high speed steel and special steel, tungsten Deep processing and oil catalysts and other industries demand stable, and even after the Spring Festival prices have been some of the procurement needs ahead of overdraft.
Coupled with the interests of the market is difficult to convergence, policy-oriented is not obvious, is expected in March tungsten prices will remain weak. It is noteworthy that a large-scale listing of tungsten enterprises in Fujian APT long weekly price reduction, but slightly higher than the market, showing a firm attitude in the market Yindie background, the long single price is expected to temporarily support the market.
