Tungsten raw material cost support market outlook tungsten is expected to be good

       New Year is approaching, part of the mine and factory shutdown, coupled with environmental protection and financial constraints and other factors intertwined, supply and demand stalemate in the tungsten market situation difficult to understand, this week a new round of large-scale tungsten enterprises will be issued a single, cost support, market expectations Overall good.

Tungsten concentrate market, the future mainstream of tungsten ore production is expected to cut, the supply side support strong, despite the poor market activity of all parties to curb the price of tungsten raw materials space, the majority of holders are still unwilling to let profit delivery, the market as a whole Strong performance of reluctant sellers, the current price of black tungsten concentrate 65% reported 112000 yuan / ton.

In the APT market, although the downstream has been affected by the limited production of environmental protection and the end of fund, the operating rate of enterprises is relatively low. However, as the price of raw materials continues to rise, the marketable sources of supply continue to be on the low side. The smelters are more cautious in operating under the risk of cost inversion APT market prices mainly to follow up slowly.