English
At the end of the week, the tungsten market has stagnated in the strength of the source tungsten mine. There is no waiting for the terminal demand. The source is loose and the demand of the terminal does not know which one will come first. Counting this week, the market downturn has been two and a half months. Time is up, such a low market situation has exceeded the low season, and the manufacturers are more worried that there is still no sign of improvement, so many market participants do not have much confidence in the market outlook, no orders come in, purchase The willingness to buy raw materials will naturally not increase, and the future situation is complicated and full of unknowns. In order to seek the safest mode of operation, manufacturers only have to stand still and wait for the road ahead to be clear.
In recent days, the tungsten ore market has been stable and the price has been firmer. This has also provided support to the entire downstream market, and it is the only support. At present, the transaction price of tungsten concentrates around 65 degrees is maintained at 9.9-100,000/ton. The mine is subject to the cost of mining, so if the funds are not tight, the willingness to sell is low. In the process of the market decline in the first two months, many miners have produced a considerable amount of goods, and the financial pressure is not strong. problem. Downstream manufacturers purchase on-demand, worry about the market outlook, manufacturers do not dare to take a large number of orders, and both manufacturers and traders to buy as little as possible, raw material inventory reserves are relatively low, the tungsten ore market will still be short-term The stalemate is dominated.
The APT market is relatively small. The APT price is around 158,000 yuan/ton. It is very difficult to sell more than 158,000 yuan/ton. Buyers will try to lower the price to below 158,000 yuan/ton. The price of the smelter is lower than this price. The intention of shipment is not high, so the market of APT is relatively stale, it is difficult to sell at a high price, and it is difficult to buy at a low price. However, as time goes on, if the demand side is still delayed, the pressure on the APT market will be very high. Big, after all, the production of smelters is continuing, and the inventory will gradually be backlogged, so the next demand situation is very crucial.
The tungsten powder market is also very calm. At present, the price of tungsten carbide is around 250 yuan/kg, and the price is 248-251 yuan/kg. In the short term, the powder market is still weak and stagnant, waiting for demand to pick up. The orders of alloy factories and powder factories are still relatively small. The orders are small, which means that manufacturers will not purchase raw materials for inventory. This network survey has learned more than ten powder alloy enterprises, and there is no shortage of orders outside the list. Look, the lack of orders in July and September was caused by many reasons. First, the demand in the first half of the year was strong and overdrafted in the second half of the year. Secondly, the market was indeed in the off-season of demand, and the need was also reduced. Then the trade war was on the mentality of the manufacturers. Impacts, concerns about future market uncertainty, make the market very cautious from source to terminal, thus affecting procurement and sales behavior.
Over time, the impact of demand overdrafts will be weakened in the first half of the year, the inventory of terminal manufacturers will be consumed, and demand will be accumulated, and the impact of trade wars on the market has already been the case. Further influence will be generated in real After the tariff increase, the back-end market is not without opportunities, but the market needs to wait for the opportunity, but at this time it will test the strength of the source, the market is accompanied by pressure, the short-term market supply and demand are not prosperous, the weak stalemate is still the main epidemic .
