Tungsten Index on March 4: Tungsten Prices Remain Weak, Bottom Uncertain
Downstream companies are strictly following the rhythm of rigid demand for replenishment, and overall sentiment remains negative.
Transaction prices for various tungsten products have gradually declined slightly. Currently, the price of 55–60% tungsten ore is around 1.98 yuan/degree, with local prices dropping to 1.96 yuan/degree. Transactions are primarily conducted with long-term customers. The bulk price of APT is between 209,000–209,500 yuan/ton, with scattered orders showing movement. Tungsten carbide is trading at 307–309 yuan/kg.
Today's domestic tungsten market price index is 153.27, down 0.02% from the previous day, 0.27% from the previous week, and 1.13% from the previous month, but up 14.40% from the previous year.
Today's tungsten concentrate price index is 14.12, unchanged from the previous day, down 0.35% from the previous week and 1.40% from the previous month, but up 14.15% from the previous year.
Today's ferrotungsten price index is 21.80, down 0.46% from both the previous day and the previous week, up 0.46% from the previous month, and up 20.44% from the previous year.
Additionally, today's APT price index is 20.98, unchanged from the previous day, down 0.36% from the previous week and 1.41% from the previous month, but up 14.31% from the previous year.
For more details, please refer to the index channel.
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