Tungsten prices increased modestly

       This week the domestic tungsten market continued to pick up, the policy-oriented supply contraction and the conscious price hike in the raw material production sector led the mainstream price of tungsten products to maintain a moderate upward trend, and the tungsten industry as a whole tended to return to a rational.



Tungsten concentrate market, the tightening of environmental protection policies, the industry restricted production, new capacity slowdown in mining, business inventories also remained relatively low, the tungsten raw material market as a whole reluctant sentiment in the mood which among traders, traders pointed out that the current 108,000 Yuan / ton of tungsten concentrate inquiry can not get the basic goods.



APT market, tungsten raw material procurement threshold increased, but the downstream market procurement follow-up slow APT production upside down risk, plus environmental protection plus increase the cost pressure, the smelter downtime area to expand, manufacturers keep watching with the rise attitude, low price Willingness to ship is not strong.



Tungsten powder market, the downstream business orders although their own subdued, but the big business in the offer price increases this week, the industry generally optimistic about the confidence, enthusiasm for inquiry has also improved, high-grade tungsten powder prices on the probe to 265 yuan / Kg, but the high turnover is still weak, the stability of the main powder companies offer.



Taken together, the overall market of tungsten raw materials is mainly in a firmer situation, while the downstream digestion is slow. Market prices are still out of the market. However, the environmental protection policies and measures as well as the pre-holiday stocking are still expected. The short-term tungsten price performance is still expected to remain stable , The strength of the real need to boost information.