Tungsten market continues to rise, focus on long-term orders today

"Tungsten ore prices are stable with a slight increase." 
    The upward trend in the tungsten ore market continues. Several stockholders revealed that it is difficult to replenish raw materials at present, and the continuous rise in prices has made the market sentiment of holding back sales more prominent. As the pace of price increases continues to accelerate, the game between buyers and sellers is becoming increasingly intense. It is worth noting that the higher the price, the greater the potential risk. Currently, adopting a back-to-back operation to reduce the cost of the initial position is a more appropriate strategy. 
    【APT continues its upward trend】 
    APT enterprises have a strong reluctance to sell as a whole. Firstly, the current spot market is tight, and secondly, tungsten ore prices change rapidly. APT can only passively follow the trend of tungsten ore prices and adjust its own prices accordingly. Currently, after the shipment of APT in the market, it is difficult to replenish raw materials. Downstream enterprises are gradually accepting the current prices. The current market bargaining focus is around 266,000 yuan/ton. 
    "The price of powder products continues to soar" 
    Currently, the tungsten powder market is in an awkward situation of having a price but no market due to the soaring prices. The sharp rise in the raw material market has significantly increased the production cost of tungsten powder, providing strong cost support for the surge in tungsten powder prices. Currently, the mainstream bargaining range for medium-grained tungsten carbide powder and tungsten powder is around 388-393 yuan/kg and 398-403 yuan/kg respectively, with powder suppliers showing a strong reluctance to sell and a high sentiment of price support. 
    "International tungsten market experiences high-level volatility and adjustment" 
    Recently, influenced by factors such as China's export controls and global military expansion, the international tungsten market has seen an overall upward trend in prices, with the supply situation remaining notably tight. The core contradiction in the international tungsten market's supply and demand lies in the difficulty of matching the contraction on the supply side with the rigid demand in some regions. Meanwhile, regional differentiation in demand has led to a coexistence of local tension and local slackness in the supply-demand balance. This pattern is expected to persist until new overseas production capacity is effectively released or China adjusts its supply policies, thereby affecting market prices and trading rhythms. 
    【Ferrotungsten prices slightly increase】 
    The continuous rebound in raw material prices has driven the price of ferrotungsten to rise simultaneously in the recent period. Given the high price range, the psychological tug-of-war between buyers and sellers is constantly escalating. The future trend of ferrotungsten prices will mainly be driven by the actual release of end-user demand. 
    "Stalemate game in scrap metal market" 
    After a continuous upward trend in prices earlier, the tungsten scrap market has entered a stalemate phase today. Market activity has declined compared to last week, the price fluctuation range has narrowed, and there are significant differences in price perception between buyers and sellers. The market atmosphere is leaning towards caution.