Low price of tungsten products

       The middle of this month, the city began to reverse the exhaustion of domestic tungsten demand under the stalemate with the market dull market, low-cost resources gradually reduced, the downstream procurement inquiry actively improved, but the supplier's wait-and-see attitude enhanced material mines began to occupy larger market dominance, tungsten prices soared.

The market of tungsten concentrate on supporting manufacturers very tight supply of tungsten price mentality firmly, but the high price to clinch a deal, currently less than 105 thousand yuan / 65 tons of wolframite concentrate almost zero turnover, holding the goods price and downstream production enterprises inquiry are different, the market price of tungsten concentrate Market Outlook highlights.

APT market, mining enterprises bullish market outlook, the current low price of raw materials is basically difficult to purchase, cost support, superposition of recent downstream buyers inquiry increased relative, most of the APT manufacturers quoted follow up, partly due to the order and output double weak, suspend quotation.

Tungsten powder on the market, although the downstream demand is relatively weak and alloy products, but raw material very price sell mentality enhanced, back-end manufacturers purchase difficulty margin, market confidence is gradually set up, the short term price of tungsten powder running steady trend to maintain.

Overall, the upstream market pull up, leading downstream inquiry trading gradually improved, but the downstream capital and demand needs to be further confirmed, it is expected that the short term tungsten prices will continue to rise slowly。