English
Last week, the tungsten market was as expected. Both ends of supply and demand continued the weakness of last week. The supply side shipments were few, especially the supply of tungsten concentrates remained tense. Of course, the demand side performance was even more bleak, and some back-end manufacturers described the market. It can no longer be described by the light demand, the market can be said to be very light, there is almost no order," the back-end market lacks orders, manufacturers have no confidence in the market.
The tungsten mine market is relatively flat. The tungsten mine market has stabilized on Monday. Most traders report that tungsten mines are not easy to receive, the price of goods received is not low, and most tungsten traders are reluctant to The price of the shipment, the price of 65 degrees black tungsten standard mine is 9.9-100,000 yuan / ton, less purchases, less goods, the tungsten mine market will still stand still.
The price of APT declined slightly. The trading volume of bulk cargo was very small. The transaction price of bulk cargo reached 158,000 yuan/ton. Although the actual transaction is not much, the impact of low price on the market is still great, and the market has no mainstream. Quotations, most manufacturers are waiting to see, because the problem of waste slag in Jiangxi smelter has not been properly solved, with the extension of time, many factories will have nowhere to go, although the smelting end of the production capacity is larger, but subject to The hero of tungsten mine reduction and environmental inspection, the release rate of production capacity is not large, so there will be no major imbalance in the supply of APT. In the short term, supply and demand are tight, and the market continues to remain weak.
Tungsten powder and the back end are extremely light. After entering the third quarter, the market seems to have entered the “winter period”. Until now, there is no sign of warming up. The price of tungsten carbide powder is around 246 yuan/kg, and some manufacturers are priced at 245 yuan/kg. Below this price can also be traded, but there is no order, the price is meaningless, and with the arrival of December, the pressure on capital withdrawal has begun to increase, and now the negative factors far outweigh the positive factors, the pressure on the powder market is still very large.
There is little supply and demand in the market, except that the supply side is intentionally tightened, and the demand is less than supply. In addition to the intentional tightening of the demand side, the demand for the next tungsten market will still be weak and stable. The price will bring a lot of pressure on the market. As the year approaches, the funding problem will become a factor affecting the market. The long list of large-scale tungsten enterprises will also be given this week.
