Tungsten Market uncertainty

       

  Tungsten market today, the overall calm, the internal and external no significant positive release, manufacturers go with the market-based, no initiative to price cuts, the mentality is not very pessimistic. The weather is getting colder and the climate is affected by the weather and environmental factors. The development of tungsten mines in some areas is hindered. The production of tungsten concentrates is likely to decrease in the next two months. However, traders and downstream smelters are hard to find at low prices. Without loosening of raw material prices and no significant improvement in downstream demand, market sentiment generally continues to be seen and is still expected to remain stable.

  APT enterprises dilemma, the impact of environmental protection and high cost pressures, some of the capacity to play a certain impact, but the downstream customers generally cautious wait and see attitude, market enthusiasm for procurement is not high awareness of high pick-up is not strong, limiting the actual transaction reached a very limited, Short-term game is expected to continue, there is still uncertainty for the market outlook. First, the current price stability is based on cost support, processing and auxiliary materials costs so that the price of smelters is difficult to drop, the current need to focus on the demand side of the replenishment efforts, if there is a large replenishment, the market is still likely to continue to rebound . Second, there is a lot of pressure to repay the capital by the end of each year. At this time, there is not much inflow of surplus funds in the market and it will be hard to form a driving force for the market. Thirdly, as the weather gradually turns cold in the later stage, the downstream demand still has room for further decline. Supply and demand structure to ease, the probability of price increases callback, so there is still uncertainty in the market.

  Whether it is a base metal or a small metal, can not escape the price cycle driven by the supply and demand gap, and its operating cycle naturally follows the macroeconomic cycle. With the global easing of monetary easing over the years, the United States has taken the lead in stabilizing and recovering. The economies of Europe and China have also ushered in a cyclical rally in succession. Environmental protection policies have boosted the economy of the new energy sector. At the same time, the implementation of China's supply-side structural reform coincided with the contraction of the major international commodity tycoons in the bear market and the shrinkage of the supply of basic metals also affected the output of small metals, making the supply of small metals less flexible and mostly Associated breeds prone to surprising market.