English
In the first half of this week, the market remained basically stable. As the market turnover was very small, the price did not fall further. Although everyone is not optimistic about the market outlook, the raw materials inventory of tungsten concentrate, APT and alloy end has been in the second half of the year. It has been consumed, and it is precisely because of the cautious attitude towards the market outlook that the stock of raw materials has been reduced a lot. Therefore, the conditions for mass dumping are not sufficient, but the demand is not strong, and both ends of the supply and demand are not active. It seems deserted.
The tungsten ore market is very calm, the market seems to have stopped buying and selling, or it is difficult to buy goods at a low price. The sellers who want to sell goods at a slightly higher market price are rarely picked up, so the market is somewhat deserted, and the price of tungsten concentrate is very high. Still in the 9.8-9.9 million yuan / standard tons, because the inventory of tungsten miners is not too large, so as long as there is no financial pressure, low prices will rarely be shipped, so the supply of tungsten ore will still appear tight, this It also brought certain support to the market. The capital situation of the manufacturers in December became an important factor affecting the market.
The APT market is also very calm. In addition to the delivery of long orders, there are few transactions in bulk cargoes. The low-priced transactions that occurred in the past few days have also decreased. For example, tungsten ore, the price of smelters below 156,000 yuan/ton is not. Will be shipped, and downstream purchases will try to reduce prices, and at this time the buyer and seller's trading intentions are not high, so the APT market is temporarily deadlocked, but it is worth noting that the fund situation at the end of the year, because it has to go through the New Year, so December Procurement may be delayed until January of next year, which also increases the financial constraints of the manufacturers to a certain extent, so this aspect also needs attention.
The tungsten powder market is relatively light, there is no new single production, the end of the year is near, the problem of factory funds affects the procurement and sales behavior, the price of tungsten carbide is still maintained at 245 yuan / kg, medium grain tungsten powder 247 yuan / kg, in the short term, As the price of raw materials is temporarily stabilized, the powder market is supported by certain prices, and the transaction will still be less, and the stalemate will wait for demand to enter the market.
In summary, the amount of tungsten available at the supply end of the market is relatively small, and if the funds are not too much pressure, the manufacturers will try their best to keep the price reluctant to sell. The market is still in a tight supply and weak state in the short term.
