According to the official account of “Chinatungsten Online”, as of press release, the price of tungsten concentrate has broken the 400,000 mark, the price of APT has broken through the 600,000 mark, and the price of tungsten powder is approaching the 1,000 yuan mark. The end of the year is approaching, and the market is tense. On the one hand, news of discontinuation of production and maintenance on the raw material side and reluctance to sell increased market concerns about supply-side tightening, triggered the release of limited stocking demand in the market, and stimulated the rise in tungsten prices. However, on the other hand, prices continued to soar, leading to significant financial pressure on the market, and companies faced pressure on repayment and financial settlement at the end of the year. The market's ability and willingness to receive goods were clearly depressed. Most transactions were dominated by long orders and sporadic preparations, and overall transactions were cautious. Industry insiders pointed out that the rise in tungsten prices since this year has far exceeded the support of physical consumption, and is more dominated by speculative demand. As the nature of capital games increased at the end of the year, market uncertainty further increased. Participants are advised to operate rationally and prudently to prevent speculative fluctuations. As of press release, the price of 65% black tungsten concentrate was reported at 415,000 yuan/standard ton, up 190.2% from the beginning of the year; the price of ammonium paratungstate was 610,000 yuan/ton, up 189.1% from the beginning of the year; and the price of tungsten powder was 940 yuan/kg, up 202.3% from the beginning of the year.

According to the official account of “Chinatungsten Online”, as of press release, the price of tungsten concentrate has broken the 400,000 mark, the price of APT has broken through the 600,000 mark, and the price of tungsten powder is approaching the 1,000 yuan mark. The end of the year is approaching, and the market is tense. On the one hand, news of discontinuation of production and maintenance on the raw material side and reluctance to sell increased market concerns about supply-side tightening, triggered the release of limited stocking demand in the market, and stimulated the rise in tungsten prices. However, on the other hand, prices continued to soar, leading to significant financial pressure on the market, and companies faced pressure on repayment and financial settlement at the end of the year. The market's ability and willingness to receive goods were clearly depressed. Most transactions were dominated by long orders and sporadic preparations, and overall transactions were cautious. Industry insiders pointed out that the rise in tungsten prices since this year has far exceeded the support of physical consumption, and is more dominated by speculative demand. As the nature of capital games increased at the end of the year, market uncertainty further increased. Participants are advised to operate rationally and prudently to prevent speculative fluctuations. As of press release, the price of 65% black tungsten concentrate was reported at 415,000 yuan/standard ton, up 190.2% from the beginning of the year; the price of ammonium paratungstate was 610,000 yuan/ton, up 189.1% from the beginning of the year; and the price of tungsten powder was 940 yuan/kg, up 202.3% from the beginning of the year.