Tungsten Market (Tungsten Heater) is in An Embarrassing Situation

The current domestic tungsten market is in a very embarrassing situation. It not only because “less demand”, but also due to the “unsafe” hearts of market participants. 

Summer adjournment of Europe and other countries in July and August would cause some negative impact on the market. However, the main reason of the low price of tungsten products (tungsten heater) is not for it. Domestic tungsten prices would not fall so low, after all, value of tungsten products is so much more. The end of October 2015, the domestic tungsten products has been reduced to the limit since 2004. For example, APT, since the highest price point in May, decreasing amplitude of APT price is nearly 30,000 RMB / ton, which within just over a month. Off-season of tungsten market is coming, so opportunity for turning around of the market will be delayed. At present APT prices have fallen below 100,000 RMB / ton. 

If there is no intervention and bailout of policy, the market in July and August will continue to be in a bleak. 

Enterprises must be prepared for the winter. The safest methods are to lock orders and to lock the materials, if there is no order, it is better to for the time for the market. What’s more, tungsten enterprises can give proper care for old customers of the price, of course, there is no need to make allowance without any principle, or it would make both enterprises and the entire industry be in the illusion for quoting the fake price. People should hold the rational view for the low price rumors of the market. When prices do fall too fast, people should make a choice: to abandon or to do a longer stockpile preparation. Operation of manufacturers also need to integrate into the concept of “fast, and spirit, accurate,” trade-oriented enterprises, product quality is the most important in any time.

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