In the first day of trading this week, just like the last week, tight supply of tungsten concentrate affects the APT selling price.

 

The market sentiment is an important factor that caused the tight tungsten concentrate supply. Since this year, the overall price of tungsten has been stepping up, as a result of environmental protection which limited production and cost. After the tungsten concentrates prices reached RMB 85,000/ton in May, which is a high correction, the price called back again. At present, the tungsten ore price is RMB 83,000-84,000/ton, and the price of crude ore is RMB 127,000/kg.

 

At present, APT spot high selling price has reached RMB 128,000/ton on cash. It is accidental that the mainstream price now is 127,000/ton. For smelting factories, whether to sale is still depends on the supply situation of raw materials. Looking from the some inquiry prices of tungsten concentrate and wolframic acid, the cost has exceeded RMB 127,000/ton.

 

Tungsten carbide powder price also increased properly. Currently, mainstream large factories sell goods at price of more than RMB 200/kg. According to the calculated result, the cost of tungsten carbide will be more than RMB 200/kg. Price adjustment of tungsten carbide will be a little slower than that of raw materials coincided with the off-season.

 

Comprehensive analysis

It is an industry consensus that the tungsten price increase, the sales and purchasing behavior of majority enterprise will be in accordance with the price growth. The growth of tungsten price will not stop until the tight supply of raw materials is settled down. Currently the market worries the demand most. The overall supply of tungsten products is limited. It is not the only condition that the tight supply of raw materials influents the price. Tungsten enterprises are advised to pay close attention to changes in the market.