Guide the price down and forecast the weakness of tungsten price

       Tungsten market today



The first trading day this week, a Fujian listed tungsten firms announced this month the first single, prices continue to decline, the market once again to suppress the bullishness, near the end of the year, the fourth quarter of domestic tungsten, greater financial pressure, lower prices, demand is difficult to return, if there is no clear support of good news, many market participants maintain short-term tungsten prices weak judge.



The market of tungsten concentrate on environmental protection measures to restrict the mining, ore spot supply is still scarce, supply and cost support, most shippers shipping prices will is not strong, but in the market continued deserted atmosphere, continued to adjust the guide price of superposition, some small manufacturers and traders mentality was spent, tungsten concentrate prices overall maintain a weak stationary situation.



Chapter tungsten price: the first half of November, a long list of wolframite concentrate (WO3 = 65%):10.1 yuan / tons of standard, the second half of 10 were down 2500 yuan / ton standard; white tungsten concentrate (WO3 = 65%):9.95 yuan / tons of standard, down 2500 yuan / ton standard; ammonium paratungstate (GB zero level):15.6 yuan / ton, down 4000 yuan / ton.



APT market, big business attitude is weak, manufacturers mentality is difficult to support, pessimistic view of the market outlook, but the raw material market is still supporting, APT price decline is slow, manufacturers will slow down the desire to start. Xiamen tungsten industry in November the first APT long single cash price of 155 thousand yuan / ton, a round of price down 3000 yuan / ton.



Tungsten powder on the market, the price is not good long single release, the buyer's market continue to increase efforts to lower prices, lower alloy and products business sales decline, the raw material consumption ability is insufficient, lack of demand to support the price of powder, the downside risks to the outlook is still too large, multidimensional businesses cautious wait-and-see operation, have let a small shipment phenomenon.