The tungsten’s price is firm in domestic market.Accordingly to the daily purchase actual transaction contract price and manufacturers’ the comprehensive survey situation,the intentional per ton price of wolftungsten concentrate is RMB102,000 at present.Domestic manufactures rise in the price of the tungsten powder and carbide tungsten powder,however some manufactures choose not to quote temporarily,causing the shortage phenomenon in the market.And processors with orders are facing the double dilemma of raw material’ lack and cost increase.Not necessarily true lack of stock factor in the raw material end and inevitable psychological panic on the market caused the expectation of the market recovery from the suppliers and sellers.As a result,there have been the tentative offer RMB235/kg and RMB239/kg increased by mainstream large factories of medium grain tungsten powder in the market,the actual transaction remains to be observed.

Compared with the raw material end,the downstream pace is relatively slow.It is said by the alloy enterprises that products quotation will rise in 10% or even 15% in July. In addition to the cost pressure from raw material such as carbide due to the greatly increasing demand of new energy ,the rapid recovery price of the nickel and cobalt this year,an important metal binder of cemented carbide is another factor.In global market,the demand of tungsten products is not clear.Although the World Bank adjusted the China’s GDP to 8.5% recently,the recovery in abroad such as Europe and America market is behind China.The American GDP in 2021 is still about 2.5%,so the sharply increasing price in raw material during the short time is accepted difficulty by the lower enterprises.

The some practitioners thought said blindly pursuit of going up is not benefit the long-term stable development.On the contrary,it may cause the part procedures in the industry chain twisted and blocked,which is harmful to the upstream mining and downstream enterprises.

In general,there is the confident difference between the upstream and downstream enterprises in tungsten industry chain nowadays,which lies in the raw material end pursuing the going up,some businesses  suspending quotation to expect the future profit more clear,and few the stock goods in market;but the initiative to stock up of the downstream end is not high, and most inquiries is prompt need.