In the international market, the latest MB metal guide quoted on Friday night showed that the price of tungsten in Europe and the United States was stable. In the domestic market, after many days of guiding prices, tungsten prices are still not improving, market confidence is falling, and raw material market is weakening. Fubao analysis believes that due to the weak demand in the downstream market, the support role of the guidance price is not obvious, this week's tungsten price Or run in a steady downward trend. In terms of tungsten products, the current market for tungsten rods and tungsten electrode rods is mainly: the price remains stable, but the market demand is extremely weak, especially the tungsten electrode. The downstream inquiry is rare, and the manufacturers have few orders. The merchants complain that the business is difficult to do. The profit is very limited. Although the profit of tungsten products is small, the manufacturers reduce production severely. However, according to Fubao's in-depth understanding, the manufacturers are still struggling to support, and there has not been a large number of production suspensions. According to Baoji Anda Industry and Trade Co., Ltd., the price of tungsten rods in the factory is 410 yuan/kg, and the price of tungsten electrodes is 520 yuan/kg. The economic situation is not good, and almost no products are required. The extent of production cuts is currently being considered for shifting the focus to titanium. In terms of scrap tungsten steel, some downstream manufacturers stopped collecting. Although there are not many goods in the hands of traders, due to the weak market atmosphere, merchants are worried that the market will fall in price and the shipping intention is higher. With the recent increase in the number of imported blades in Zhejiang, and the downstream demand has been significantly reduced, the market inventory is temporarily difficult to consume, and it is expected that the price of short-term scrap tungsten steel will fall.
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