The tungsten market is stable, but there is an increase in the price of long orders

Tungsten ore prices are stable but rising 
The price of tungsten ore is stable with an upward trend, and the spot circulation in the market is still relatively tight. Some smelters have reported that it is still difficult to purchase at present, coupled with the reasons for long orders and bidding. Therefore, the trading on the market is relatively calm. Yesterday, the long orders were released at the beginning of the month, releasing a certain upward signal. After the new long orders, a new round of buying and selling games will appear on the market. 
APT Long Term Trading Market 
The price of the new round of long order quotation has reached 251000 yuan/ton, which is more in line with the mainstream price in the current market. In terms of raw materials, the prices are high, and the pressure of raw material prices and inventory faced by smelting enterprises still exists. 
Caution in Powder Market Trading 
At present, the tungsten powder market transactions are mainly focused on essential needs, and the market trading atmosphere is cautious. The actual negotiation focus of transactions is still in a tug of war. The high price of tungsten powder is mainly due to the strong support of the raw material side, the insufficient willingness of powder suppliers to offer discounts for shipment, and the low willingness of alloy enterprises to accept high prices. The buyers and sellers are in a stalemate game, and the current mainstream negotiation range for medium particle tungsten carbide powder and tungsten powder remains around 363-368 yuan/kg and 370-375 yuan/kg. 
Tungsten iron prices slightly increase 
The tungsten iron market maintains a strong operation, stimulated by the dual effects of rising raw material prices and the release of international market demand, tungsten iron maintains a relatively strong operation. Due to the increase in manufacturer costs, the quotations of various production enterprises are at a high level. After a wave of release, downstream demand is temporarily relatively calm. 
The waste market is waiting for new transactions 
At the beginning of yesterday, the long-term order was announced, which met market expectations. APT quoted 251000 yuan/ton; Mineral price of 171000 yuan/ton; Some waste customers have expressed reluctance to sell despite the high prices of waste raw materials and certain circulation, and the trend of new long-term orders has not been confirmed yet. 
The international tungsten market is operating steadily at a high level 
At present, the international tungsten market presents a pattern of tight supply and strong demand. The overall price of tungsten products remains high and stable. The limited production of overseas tungsten ore is difficult to meet the demand of the back-end market of various industrial chains. The supply of raw material resources in the market is tight, and overseas market consumers find it difficult to find raw materials at low prices. Some suppliers are forced to slow down their production pace and stop accepting orders due to insufficient raw material inventory. In the short term, the price of international tungsten products will continue to remain stable and explore, and we will closely monitor the subsequent market dynamics.