(8.14) APT Transaction Blocked, Price Fell

This   week, the tungsten market is still weak. Except for long orders, the   overall transaction is less, and there are many factories and factories   waiting to see, especially downstream enterprises, and there is still no   confidence in the market.

Today's   APT offer is 16.3-16.5 million yuan / ton, the manufacturers reflect   that most of the long-term orders, bulk transactions are rarely traded,   the downstream has not yet entered the market, 166,000 yuan is also   difficult to deal.

A   tungsten manufacturer in Jiangxi Province said that the tungsten ore   market has shown signs of stabilization recently. The miners are   reluctant to sell at low prices, which will gradually bring support to   the downstream market. The APT price should be stable at more than   160,000 yuan.

A   tungsten manufacturer in Yunnan said that the two days of buying more   mines, but the price is low, the price of white tungsten above 60   degrees is 96,000 yuan, this price will not be shipped, or the price   will rise to more than 100,000 yuan. Sell.

A   tungsten manufacturer in Jiangxi said that the main downstream demand   in the market is not good, and foreign prices are falling. Everyone has   no confidence, but if the tungsten mine can stabilize first, it will   bring support to the downstream market.

This   week, the market will continue to be weak. Although the APT and powder   markets are not performing well, prices will still fall, but attention   should be paid to the changes in the tungsten market. If it stabilizes,   it will also support the downstream market.