The tungsten market continues to push up and become bullish

Writer： admin Time：2024-04-11 08:18:12 Browse：19℃

The tungsten ore market continues to rise
Today, the price of tungsten concentrate has risen again. The high price of tungsten ore caused by the shortage of raw material supply continues to drive the entire tungsten market, but there are not many actual transactions of tungsten concentrate in the market. 65 degree black tungsten concentrate has reached the level of 130000 yuan/standard ton, and holders are bullish and cautious about profits.
[APT market stalemate game]
At present, the APT market quotation is increasing day by day, and production enterprises have expressed that tungsten ore raw materials are difficult to extract at low prices, resulting in significant production pressure and low inventory. Bulk cargo is basically not considered for export, and most enterprises do not provide external quotations, maintaining a stalemate in the market.
There are still not many new orders for tungsten powder
Recently, there has been a significant increase in upstream raw material prices, and APT bulk tungsten ore prices have reached new levels. As transactions have not yet increased in volume, the price increase trend will continue. However, there are still not many new orders in the powder market, making it difficult to smoothly accept the price increase. With the acceleration of the increase, downstream buyers are even more hesitant to increase their purchases and can only replenish goods in a scattered manner as needed.
The waste market is showing active performance
The recent performance of the waste market has been active, with most product quotations still at high levels; At present, the game between buyers and sellers in the market continues, and there are voices of reluctance to sell at high prices and pressure to purchase at low prices; It is recommended to operate with caution in the near future.