Although a Fujian listed tungsten enterprise’s price is slightly lower and the supply situation in the raw material is tight, the industry participants have a positive take towards market. Before the market price prediction of Ganzhou is published, tungsten industry still waits and sees.

 

Recently, under the influence of heavy rain weather in Jiangxi, Hunan and other places, tungsten mine operating rate fell again in the environmental protection supervision and repression. The shortage of supply supports part merchants who hold goods quote prices higher than that in market. Being constantly suffered from the squeeze of cost profit, the downstream smelting enterprises are taking more risk. Due to the limited terminal demand order, the factories still don’t dare to raise prices.

 

For the market, the prices are also temporarily stabilized. Steel and foundry enterprises release less demand, and the market overall turnover activity is still not high. many manufacturers maintain long-term orders to product.

 

Overall, it is obvious that the industry chain cherishes 0goods and the purchasing of low price and the complementary of stock become more difficult. Although the industry has the will to support the market, the short-term operation still need to be relatively cautious. Let’s wait quietly for the Ganzhou Tungsten Association’s prediction of the average price, after which the market trend will be clear.

 

Today’s tungsten products’ prices list