Tungsten market continues to weaken, businesses complain that business is difficult to do

In the international market, the latest MB metal guide quoted on Friday night showed that the overseas tungsten price was temporarily stable and the demand remained weak.

In the domestic market, the tungsten ore market is still stable and weak. At present, the mainstream price of the black tungsten concentrate market above 60 degrees is 1.65-1.67 yuan / kWh, that is 125,000-126,000 yuan / ton, and the price of scheelite concentrate is close to it. Large, the overall intention of the holders of the shipment is not high for the time being, and the market turnover is not active.

According to Fubao's in-depth understanding, many merchants hope to ship in April. In addition, from the situation in previous years, the market is likely to fall after the May 1 holiday, and the market supply may emerge before the holiday. Therefore, Fubao expects 4 At the end of the month, the volume of tungsten in the market may be enlarged.

In terms of mines, with the rise in prices and labor prices, the cost of tungsten mining has risen. However, the current market price makes the profit of tungsten miners very limited, and businesses are in a dilemma, complaining that business is difficult to do.

In terms of APT, downstream manufacturers have fewer purchases and smaller quantities. As prices continue to fall, consumers are delaying purchases as much as possible, waiting for better timing of purchases, and manufacturers are having fewer orders. Fubao expects that APT transactions will be difficult to obtain before downstream demand improves. improve.

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