Chinatungsten Hi-Tech said during institutional research on August 25 that the price of tungsten concentrate has fluctuated greatly in the past year, which is the result of a combination of factors such as changes in industry supply and demand, market trading sentiment, upstream and downstream inventory adjustments, and the macroeconomic environment. As a small strategic metal, the value of tungsten has been revalued. The price is affected by multiple complex factors, and the company is unable to accurately predict the price of tungsten. In the medium to long term, tungsten is a strategically scarce resource. Supply-side constraints are strong, demand in the downstream high-end manufacturing sector is supported, and the industry as a whole maintains a tight balance between supply and demand. The company will rely on the integrated layout of the entire industry chain to do a good job in raw material procurement, production scheduling and inventory management to calm the impact of cycle fluctuations on operations.

Chinatungsten Hi-Tech said during institutional research on August 25 that the price of tungsten concentrate has fluctuated greatly in the past year, which is the result of a combination of factors such as changes in industry supply and demand, market trading sentiment, upstream and downstream inventory adjustments, and the macro environment. As a small strategic metal, the value of tungsten has been revalued. The price is affected by multiple complex factors, and the company is unable to accurately predict the price of tungsten. In the medium to long term, tungsten is a strategically scarce resource. Supply-side constraints are strong, demand in the downstream high-end manufacturing sector is supported, and the industry as a whole maintains a tight balance between supply and demand. The company will rely on the integrated layout of the entire industry chain to do a good job in raw material procurement, production scheduling and inventory management to calm the impact of cycle fluctuations on operations.