Situation of tungsten market in China

The overall domestic tungsten price is still in a weak and stable operation. Recently, all ends of the industrial chain have been generally affected by institutions and large enterprises to guide prices, confidence has once again weakened, facing the fatigue of actual demand, as well as the pressure of environmental protection cost line. Smelting plants can only choose to reduce inventory to ease the market transaction pressure, traders trading is still cautious around rigid demand, in the single level of stability in large enterprises, downstream buyers are not high mood.

APT market

In the APT market, the downstream intended purchase price is still under pressure.However, the trader offer price can not actually improve the depression of downstream order volume, so smelting manufacturers tend to be cautious under the pressure of cost and capital. Factory production relief market supply and demand pressure, wait and see the raw material market, with weak and stable finishing.