On Monday, the overall tungsten market was running smoothly. The game between supply and demand was tight, spot trading was light, and prices remained fluctuating in a narrow range. Participants had a strong wait-and-see mood. In the short term, they focused on the long-term purchase price trends of various tungsten companies in the second half of the month. The performance of the tungsten concentrate market is relatively stable, and holders' willingness to raise prices is strong. Coupled with recent disturbances due to multiple factors such as high temperatures, heavy rainfall, and wind and flood control control in some regions in the south, the overall pace of supply-side resource release is manageable, providing some support for prices. The smelting process, on the other hand, is clearly under pressure. Some smelters chose to cut production or stop production in stages due to high costs and weak downstream demand, and the dilemma of market ups and downs continues. Powder metallurgy companies have a cautious procurement attitude and basically maintain the pace of immediate demand. The overall popularity of trading is tepid, increasing the wait-and-see atmosphere in the market. Currently, the tungsten market is still awaiting signs of substantial recovery in downstream terminal demand, or other directional news. The fluctuation range of tungsten prices is limited, and for the time being, it is mainly stable.

On Monday, the overall tungsten market was running smoothly. The game between supply and demand was tight, spot trading was light, and prices remained fluctuating in a narrow range. Participants had a strong wait-and-see mood. In the short term, they focused on the long-term purchase price trends of various tungsten companies in the second half of the month. The performance of the tungsten concentrate market is relatively stable, and holders' willingness to raise prices is strong. Coupled with recent disturbances due to multiple factors such as high temperatures, heavy rainfall, and wind and flood control control in some regions in the south, the overall pace of supply-side resource release is manageable, providing some support for prices. The smelting process, on the other hand, is clearly under pressure. Some smelters chose to cut production or stop production in stages due to high costs and weak downstream demand, and the dilemma of market ups and downs continues. Powder metallurgy companies have a cautious procurement attitude and basically maintain the pace of immediate demand. The overall popularity of trading is tepid, increasing the wait-and-see atmosphere in the market. Currently, the tungsten market is still awaiting signs of substantial recovery in downstream terminal demand, or other directional news. The fluctuation range of tungsten prices is limited, and for the time being, it is mainly stable.