Tungsten prices rose slowly cautious mood warming

       This week into the market, the domestic tungsten prices rose slightly, first, because the agency and large enterprises to guide the price before the introduction of the market at the beginning of the market bias to wait and see; Second, after the soaring rally in August, tungsten prices have reached more than three years Of the high point, the industry profits to be repaired, holding the risk of accumulation of sellers, the market cautious mood warming.Tungsten concentrate market, the mine operating rate is difficult to restore, business mentality is still biased firm. In September, the Ministry of Environmental Protection will carry out the "2 + 26" city to carry out the "Beijing-Tianjin-Hebei and the surrounding areas 2017 - 2018 autumn and winter air pollution comprehensive management tackling action" to strengthen supervision, the news shows strong environmental law enforcement, Tungsten concentrate supply is still scarce, tungsten prices return to the low is unlikely.



    It is noteworthy that the current price of 65% black tungsten concentrate has reached 120,000 yuan / ton mark, basically more than most of the mine profit zero point, September demand into the market if no significant recovery, only difficult to support the supply side too fast Of the rally, vigilant part of the mining business mentality loosening or selling behavior.APT market, raw material costs pushed up, manufacturers offer higher, the current APT market price has reached 180,000 yuan / ton. In the high price, the market demand is also significantly inhibited by the fear of buyers, the downstream market is scarce, spot transactions difficult. Most manufacturers hope in the off-season after the recovery in demand, the market outlook is still optimistic about the tungsten price view.Tungsten powder market, the upstream holdings expected to rise, the downstream buyers hope to fall, both supply and demand stalemate, the actual transaction less, powder business mentality, offer slightly chaotic, the current high tungsten powder prices in the 270-280 Yuan / kg between, some companies choose to suspend quotes, wait and see institutions and large enterprises to further guidance.On the whole, the domestic tungsten supply and demand sides are still in the game, short-term shortage of raw materials in support, tungsten prices will continue, while at the same time, the market risk is also savings, slow demand or inventory outflows are likely to disrupt the market , Therefore, the tungsten online recommended market participants rational operation.