The supply and demand situation in the tungsten market remained unchanged this week

       According to the minmetals economic research institute analysis, although the tungsten market recently rebound, but the supply and demand situation has not changed fundamentally, China and the United States reached agreement on the first phase of the trade agreement, bringing hope to the manufacturing industry and exporters, the short-term price of tungsten sideways more likely.

Tungsten market price and import and export quotation

At the end of November, the domestic ammonium secondary tungstate prices fell to 130,000 yuan/ton line stabilized, and began a small rebound.

Zhangyuan tungsten industry in the first half of December, the price of ammonium tungstate was unchanged, 133,500 yuan; Xianglu tungsten industry in the first half of December, the price of ammonium secondary tungstate increased by 2000 yuan/ton to 136,000 yuan/ton; The quotation of xiamen tungsten industry in the first half of December is 135,000 yuan/ton, 5000 yuan/ton higher than the quotation in the second half of November, 137,000 yuan/ton in the second half of December, 2000 yuan/ton higher than the quotation in the first half of December.

In the middle of December, the actual transaction price of domestic ammonium secondary tungstate is 133,000 to 136,000 yuan/ton, the actual transaction price of wolframite concentrate is 84,000 to 86,000 yuan/standard ton, and the actual transaction price of scheelite concentrate is 82,000 to 84,000 yuan/standard ton.

Imports: China imported 371.719 tons of tungsten concentrate in October, a year-on-year decrease of 508.536 tons. The main sources of imports are north Korea and Mongolia. The import volume of tungsten concentrate from January to October was 2361.874 tons, a year-on-year decrease of 3018.089 tons.

Export: from January to October, the export quantity of main tungsten products ranked the first in ammonium secondary tungstate, blue tungsten, yellow tungsten, tungsten and iron had a relatively large decline compared with the same period last year.