Tungsten products have been shaved prices these days

       

In the first week of tax adjustment, the tungsten market took the lead in entering a weak downward channel. Major enterprises have cut the first half of this month long single quotation, to the market weak signal. Ganzhou tungsten association announced the forecast price in April 2019:94,500 yuan/standard ton for the black tungsten concentrate, down 2,000 yuan/standard ton compared with march; Ammonium paratungstate was 147,000 yuan/ton, down 4,000 yuan/ton compared with march. Medium grain tungsten powder 230 yuan/kg, down 5 yuan/kg compared with march. Zhangyuan tungsten industry announces the cash price of long single in the first half of April 2019, including 94,500 yuan/ton for the black tungsten concentrate (WO3 65%), 93,000 yuan/ton for the white tungsten concentrate (WO3 65%), 147,000 yuan/ton for the ammonium secondary tungstate (national standard zero grade), and a reduction of 2,500 yuan/ton, 2,500 yuan/ton and 3,500 yuan/ton, respectively, compared with the second half of march. Xiamen tungsten announced the cash price in the first half of April, 2019. The price of secondary ammonium tungstate (national standard grade zero) is 150,000 yuan/ton, down 2,000 yuan/ton compared with the second half of march. 



Tungsten concentrate: due to smelting enterprise price, since the Spring Festival ore volume increased, the market price slightly reduced, part of the transaction price began to 95-97,000 price close. At this price, the shipping intention of the mining enterprises is not strong, and the traders' confidence is also loosened by the back-end squeeze. However, the reduction of the quotation of the big enterprises has set a tone for the mining price. From the perspective of the miners' feelings, it will take time for the expectation of tight price rise to be adjusted in place. 



APT aspect: profit concession and the back end of the industrial chain. Due to weak demand and other reasons, this week began a slow correction, and the price of 148-150,000 yuan will also become the mainstream price in the market in the following period. Under the dual pressure of small price adjustment in the upstream and no increase in new orders in the downstream, it is expected that APT price may still be subject to weak adjustment. Alloy powder market: downstream enterprise procurement slightly increased, but the powder prices fell, tungsten carbide particles in the price began to slide within 230 yuan/kg, there are powder enterprises, said this week the price of tungsten carbide in 228 yuan/kg should be the mainstream bits of multifrequency alloy enterprise procurement, make whole powder market saw orders are scattered, messy, price and weak. Throughout the alloy enterprise bargaining power and demand, there is still room for the powder callback. In the context of the overall economic slowdown, the dividend of the state to reduce taxes on enterprises are constantly squeezed by the back-end industry, and the tungsten industry shows difficulties in closing a deal at a high price, and the situation of pressure on the profit of low-price shipment may also be due to the general imagination of the weak market, but with the price of the market, to reduce the price to exchange for orders, when is the end?