The price of tungsten products is steadily rising and the market is weak

       The impact of environmental protection stoppage, the shortage of raw materials supply and the rising production cost, promote tungsten products manufacturers to enter the cautiously rising stage, the downstream procurement capacity is limited, the market purchase and sale activity is low, the tungsten products prices are steadily rising.



The market of tungsten concentrate, affected by the mine production capacity continued low, holding the goods offer strong, recent market back to temperature stimulation of some traders getting goods enthusiasm, downstream inquiry tentative price increases, the current 65 degree black tungsten market price in 105 thousand yuan / ton, but in mine production and cover goods sell limit under the condition of the market, the actual turnover is still weak.



The APT market, and the price of raw material resources to spot inflation, cost upward extrusion plant profits, while the downstream buying is still reasonable, APT smelting production concentrated in order to avoid the risk of long-term, firm with the rise in raw material prices, the current price of APT reach 165 thousand yuan / ton, the market trading atmosphere is still cautious.



In the tungsten powder market, the cost of raw materials drives the price center of gravity upward, the producer's low price shipping intention is not strong, but the market funds continue to be tight, the enterprise is still worried about the price increase after the sale of products, the fluctuation of powder price is small.



Overall, the tungsten raw material market confidence in the market outlook is sufficient, but the end product consumption is poor, the downstream stockpile plan does not clear, the lack of stable tungsten price rebound pattern, market participants suggested on-demand operation.