The price of tungsten concentrate is stable

       Present the steady state, the domestic price of tungsten rised pretty city is mainly due to the raw material market conduction, intermediate traders confidence rebound, plus the weekend sino-us trade negotiations atmosphere, week on behalf of the domestic enterprises long single quotation slightly raised, boost overall preferences market expectations, the current raw material end relatively positive attitude, but demand side follow up still struggling, market clinch a deal is not yet clear.



Tungsten concentrates on the market, the low floor trading activity inhibition of the grocers rised up emotions, although merchants to limit production expected better environmental protection, confidence, optimistic about the cost side, supply side always careful to moderate, but the terminal demand performance that makes the market agent on the high price is difficult to implement in the actual clinch a deal, tungsten concentrate prices continued stable market as a whole.



In APT market, the increase in the price of large long single has a positive boost to the market mentality, coupled with the difficult situation of finding low-priced raw materials, smelters have a stronger willingness to explore rising prices, but there is no obvious increase in the market demand, APT price exploration range is limited, mainly moving towards the level of long single. News shows that xiamen tungsten industry in February the second round of secondary ammonium tungstate long single cash price at 152,000 RMB per ton, compared with the previous round of price increase of 1,000 RMB per ton.



In the market of tungsten powder, terminal demand for information is few, downstream alloy and product enterprises are generally not willing to stock up, tungsten powder spot circulation speed continues to be slow, but the recent cost end of the market to form a certain support, traders follow the market and wait and see finishing, tungsten powder price to be stable.



On the macro market, the news shows that the seventh round of china-us high-level economic and trade consultation has concluded. US President trump said that the consultation has made substantial progress and the us will delay the imposition of tariffs on Chinese products originally scheduled for March 1.