Tungsten price
Domestic tungsten prices as a whole mainly stable operation, the supply of tungsten raw materials resources have been restored, the sentiment of commodity holders to explore the rise is slightly rational, while the downstream terminal active purchasing intention is still not high, the market demand side mostly maintain a wait-and-see state, the overall trading atmosphere is general. At present, the market on energy tension, inflation pressure and repeated epidemic problems are still unclear, business mentality is still cautious, waiting for the specific direction of the clear news.
Tungsten concentrate market, holding business daily plate deadlock at 120,000 yuan/ton mark, market transaction performance is not good, after the Lantern Festival, mining enterprises production and shipping sentiment has improved, although temporarily let interest willingness is not strong, but the high risk of the market is gradually highlighted, waiting for the back-end actual demand digestion.
In the ammonium tungsten market, tungsten raw and auxiliary material costs remain firm, smelting plant resource release is still tight, APT market consolidation at around 183,000 yuan/ton, the sentiment of goods holders is still positive, but the acceptance of downstream users is limited, the market spot transaction is discussed.
In the tungsten powder market, the upstream and downstream of the industrial chain stalemate game situation is obvious, powder enterprises offer a little confusion, partly due to the cost pressure still hold the view of inflation, part of the appropriate shipment to alleviate the demand pressure, the mainstream of the market center of gravity stalemate at 277 yuan/kg or so, alloy products passively raise the price, but there is still resistance in the implementation of the transaction.
Data from the National Bureau of Statistics showed that in January, all regions and departments continued to supply important goods for people's livelihood ahead of the Spring Festival, and consumer prices remained stable on the whole. In January, the CPI rose 0.9% year-on-year and 0.4% month-on-month. The producer price index (PPI) rose 9.1 percent year-on-year in January, down 0.2 percent month-on-month.
