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The tungsten market has slightly adjusted, and all parties are watching and waiting for long orders

Tungsten ore prices slightly increase 
After experiencing high-level fluctuations, the tungsten ore market has seen a slight increase in the bargaining center, and the market's willingness to raise prices has gradually become stronger in recent times. The main reason behind this is that there are still not many low-priced spot goods, coupled with the support of international prices. In addition, some holders hold an optimistic attitude towards the future market, and their reluctance to sell has intensified, further driving up prices slightly. 
APT market prices slightly increase 
The strong price of tungsten ore has driven the upward trend of the APT market. Currently, enterprise offers have increased, and there have been a few high priced transactions in some areas. There is still some bullish sentiment in the market, and the bargaining center of the APT market is currently in the range of 252000 to 253000 yuan/ton. 
The focus of bargaining in the powder market has shifted upwards 
At present, the tungsten powder market is experiencing fluctuations due to the strong impact of raw material prices. The bargaining center of tungsten powder products has slightly shifted upward, and high raw material costs provide strong support. In addition, participants have optimistic expectations for the future market, and powder suppliers' willingness to sell at low prices has decreased. The mainstream bargaining range for medium particle tungsten carbide powder and tungsten powder has been adjusted to around 367-372 yuan/kg and 375-380 yuan/kg, and downstream procurement is cautious and needs are met. Market trading volume has not improved. 
The tungsten iron market is weakly stable and deadlocked 
Recently, the demand side activity of the tungsten iron market has decreased, and there has been a certain downward adjustment in enterprise quotations. The mentality game between supply and demand is becoming increasingly fierce, and the tungsten iron market has entered a stalemate after price adjustment. As raw material prices tend to stabilize, tungsten iron prices are also expected to stop falling, but the magnitude of the rebound is still closely related to downstream demand. 
International tungsten market makes slight adjustments 
The international tungsten market maintains a stable overall trend, with tight supply of spot resources on the market. Both buyers and sellers are cautious in their operations, and European tungsten iron prices have slightly adjusted. The main reason is that the demand side has already stocked up on tungsten iron in the early stage, and the current demand is weakening. The European and American regions are gradually entering summer break time, and some enterprises' production activities are gradually slowing down, leading to a seasonal trough in procurement demand. It is expected that the international tungsten market will continue to fluctuate and adjust at a high level in the short term, waiting for clearer market signals. 
Poor trading performance in the waste market 
At present, the trading atmosphere in the tungsten waste market remains sluggish, and the overall trading activity has significantly decreased compared to the previous period. The game between buying and selling has intensified, and the market has shown poor trading performance. 
Analysis by Yilan.com suggests that 
The current market is still in a fierce game between supply and demand, with the raw material side remaining strong and continuously raising prices, leading to an increase in APT costs followed by an increase in quotes. Downstream enterprises are mainly in demand, and currently the market is still in a stable adjustment and oscillation, with small-scale price changes within a reasonable range.

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