Tungsten powder market demand continues to decline, manufacturers faced difficulties upside down

With the recent tungsten concentrate raw material prices stabilized stabilized, smelter major sustain long-term customers, so prices temporarily stabilized sodium tungstate and sodium tungstate smelter home less enthusiasm for production, the market started low. It is understood that 96% of sodium tungstate quoted in 10.4 -10.7 yuan / ton, turnover concentrated in the low range; 98% sodium tungstate quoted in 10.8-11 yuan / ton, the market demand for very few manufacturers take the goods difficult.

As downstream demand remained low powder, and the powder smelter home plan around January 20 will come shutdowns, resulting in APT goods manufacturers greater difficulty walking, manufacturers reduced enthusiasm, mainly in the old orders, signed a new single hard. APT market prices lower again this week, quoted in the mainstream 12.6-13.2 yuan / ton, but the actual transaction more in the 125,000 yuan / ton, or even lower, manufacturers have faced difficulties upside down, according to research to understand the cost of production of APT in now 12.6-12.7 yuan / ton.

Analysts believe that prices continue down this week APT main reasons: ① raw materials continued weak market conditions; ② downstream market demand continues to weaken; enough ③APT stock market, oversupply; ④ Pan Asia yet to see procurement action. Ganzhou Tungsten APT Association January 2015 forecast average price of 133,000 yuan / ton, compared to last month, down 10,000 yuan / ton, down widening.


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