Market overview: On October 29, tungsten ore prices were stable. 55% black tungsten 13.85-139,500 yuan/metric ton, 55% white tungsten
138-139,000 yuan/standard ton,60% black tungsten 13.95-140,500 yuan/standard ton,60% white tungsten 13.9-140,000 yuan/standard ton, 65%
Black tungsten 14.05-141,500 yuan/metric ton, 65% white tungsten 13.95-14500 yuan/metric ton. Tungsten market stalemate consolidation, trading slightly
Deadlock, traders replenishment difficulties, the confidence of the cargo business is strong, the industry is optimistic about the future market, low price supply is limited, the current field
Internal trading enthusiasm is limited, the overall trading atmosphere is weak.
Downstream ammonium paratungstate ammonium tungstate, ammonium paratungstate 20.65-208,500 yuan/ton. At present, the enthusiasm of the market is not high, and the buyer's inquiry is slow to receive goods. Tungsten concentrate market price still has the support of the shipment is not much, the current 55 degree black tungsten around 139,000 yuan/ton, the market as a whole circulation spot is limited. APT market demand is weak, the trading atmosphere in the field is cold, traders are increasingly cautious, the downstream demand for active stocking sentiment is not high, tungsten alloy end currently digestion inventory to maintain a long single downstream tungsten iron, 70 tungsten iron 20.8-210,000 yuan/ton, 80 tungsten iron 21.5-217,000 yuan/ton. Market activity is not high raw material end price stalemate and still at a high level: steel demand has a cold trend, short-term consumption of more inventory, tungsten iron enterprises offer 207,000 yuan/ton, price reduction space is limited, the floor trading talks, wait and see the market direction of the news is clear.
Future market forecast, raw material shipment intention is low, the release of consumer demand power is limited, and there is no significant change in market supply and demand
