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Tungsten Heater Market Is Stagnant, Confidence Of Tungsten Enterprise Is Weak

urrent  tungsten market has difficulty in taking a step. Nowadays, the tungsten  market condition changes ups and downs. The current domestic tungsten  market can be described as “depressed bleak.” Since last month traders  dump goods on the market, some tungsten products (tungsten heater  element) prices fell more than 20% in a month, market transaction is  more and more difficult, and confidence of tungsten enterprise is weak.

 

To  analyze the current downturn of the market, the domestic market has  experienced a month for tungsten prices rising began in early April,  which can be concluded in two main reasons: firstly, the resumption of  production of tungsten mine is slow, spot supply is limited on the  market. Secondly, price of raw material has been still rising, and a key  point is that cost of tungsten mine. What’s more, because large  enterprises play a leading role in the distribution of tungsten  concentrates, which has certain guide sense to the market. In addition,  traders store goods in intermediate, so supply of tungsten concentrates  became tense. But there were some risks at that time: the actual demand  of the market is not good, and due to the fight between the raw material  and the terminal market, eventually lead to the rise of raw material  price. It is difficult to recognize of decline of the tungsten market  for some tungsten ore supply companies, especially for some high-priced  stock, such as Henan, Hunan, Jiangxi, Xinjiang, Heilongjiang and other  companies of more than 100 tons of stocks. It is difficult at this time  to accept the market price for them.

 

The  tungsten market trend will continue in a weak, it is difficult to see  the market positive, especially there were many rescue operations for  tungsten market at the beginning of the year, but dependence of market  on these actions also reduced, and the July and August are the  traditional off-seasons, the possibility for tungsten market to  counter-attack in next two month is small.

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