China Tungsten Online: Tungsten prices face a dilemma between rising and falling, and the tungsten market is sluggish.

According to the Zhongtung Online WeChat official account, on August 12, the domestic tungsten market continued to maintain a stalemate and sideways trend. Recent trading activity has seen some recovery, but has yet to form substantial support, with insufficient price-driving momentum. Transactions are primarily based on negotiations, and overall activity is conducted as needed. In the tungsten concentrate market, mine operators have a strong willingness to maintain prices, with low-priced sources difficult to find. The price of tungsten concentrate with a grade of over 55% remains stable above 410,000 yuan per standard ton, and market liquidity is relatively limited. In the ammonium paratungstate market, there is a tug of war between cost support and demand pressure, keeping the trading focus consistently around the 600,000 yuan per ton mark. In the tungsten powder market, both buyers and sellers are in a wait-and-see stance, with market orders seeing some increase, but the bargaining levels remain under pressure. The trading focus for tungsten powder is around 950 yuan per kilogram, while the bargaining for tungsten carbide powder is around 880 yuan per kilogram. In the tungsten iron market, with both upstream and downstream of the industrial chain in a stalemate, trading activity is insufficient and the market remains in a sideways observation pattern, with tungsten iron prices stable at around 660,000 yuan per ton. In the tungsten scrap market, holders are reluctant to sell at higher prices, but acceptance from consumers and recyclers is limited. The market is caught in a dilemma of both rising and falling, maintaining a narrow range of fluctuations and adjustments.