{"id":1189,"date":"2024-11-29T18:50:38","date_gmt":"2024-11-30T01:50:38","guid":{"rendered":"https:\/\/vpzajoti4c.onrocket.site\/news\/tungsten-market\/"},"modified":"2025-05-11T09:37:11","modified_gmt":"2025-05-11T15:37:11","slug":"tungsten-market","status":"publish","type":"news-archive","link":"https:\/\/rareearthexchanges.com\/news\/tungsten-market\/","title":{"rendered":"Stabilization in China&#8217;s Tungsten Powder Market Amid Weak Demand"},"content":{"rendered":"\n<p><strong>Highlights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tungsten concentrate prices remain resistant at $20,422.5\/ton due to weak market demand.<\/li>\n\n\n\n<li>China's industrial profits declined 4.3% from January to October, impacting market dynamics.<\/li>\n\n\n\n<li>Buyers and sellers maintain conservative strategies in a standoff with minimal price movement.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n\n\n\n<p>China\u2019s tungsten market continues to experience stabilization in pricing, with minimal movement due to a supply-demand standoff. Key observations from <em><a href=\"http:\/\/news.chinatungsten.com\/en\/tungsten-product-news\/166832-tpn-13428.html\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"external-link\">China Tungsten News<span class=\"sr-only\"> (opens in a new tab)<\/span><\/a>.<\/em>\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market Trends and Price Levels:<\/h2>\n\n\n\n<p>Tungsten concentrate prices are encountering resistance at $20,422.5\/ton due to weak downstream demand and cautious buyer sentiment.<\/p>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Ammonium_paratungstate\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"external-link\">Ammonium paratungstate<span class=\"sr-only\"> (opens in a new tab)<\/span><\/a> (APT) prices are stable at $337.4\/mtu, though trading enthusiasm remains subdued, putting slight pressure on prices.<\/p>\n\n\n\n<p>Tungsten powder prices are holding at $44.8\/kg, with tungsten carbide powder at $44.1\/kg. Negotiations reflect caution, as traders adopt a wait-and-see approach.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Profit-Taking Sentiment<\/h2>\n\n\n\n<p>Traders and suppliers are increasingly looking to lock in profits as the month closes, but there is little willingness to offer discounts, contributing to a transactional standoff.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Demand and Supply Factors<\/h2>\n\n\n\n<p>Downstream demand, including steel tenders, remains weak, dampening market activity.<\/p>\n\n\n\n<p>Buyers are negotiating conservatively based on actual needs, while suppliers maintain stable prices despite rising selling sentiment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Macroeconomic Context<\/h2>\n\n\n\n<p>Industrial profits in China fell by 4.3% year-on-year from January to October, reflecting broader economic challenges.<\/p>\n\n\n\n<p>While the mining industry saw a 12.7% decline in profits, manufacturing profits decreased by 4.2%, with only the energy sector showing growth (+11.5%).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Assumptions and Biases in the Analysis<\/h2>\n\n\n\n<p><em><a href=\"https:\/\/rareearthexchanges.com\/\">Rare Earth Exchanges<\/a><\/em> reviewed the <em><a href=\"http:\/\/news.chinatungsten.com\/en\/tungsten-product-news\/166832-tpn-13428.html\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"external-link\">China Tungsten News<span class=\"sr-only\"> (opens in a new tab)<\/span><\/a><\/em> inputs with interest. What assumptions does the news source make? Does it exhibit any biases?<\/p>\n\n\n\n<p>We include a table below:<\/p>\n\n\n\n<figure class=\"wp-block-table MsoTableGrid\"><table><thead><tr><th><br><b>Assumptions\/Bias<\/b><\/th><th><b>Summary<\/b><\/th><\/tr><\/thead><tbody><tr><td>\n<b>Assumption of Stability<\/b>\n<\/td><td>\n\nThe article assumes the current stabilization will persist, without exploring potential external shocks such as policy changes, geopolitical tensions, or unexpected shifts in demand.\n\n<\/td><\/tr><tr><td>\n<b>Focus on Demand-Side Weakness<\/b>\n<\/td><td>\n\nWhile downstream demand is emphasized as the primary factor influencing price standoffs, the article does not discuss potential supply-side issues like production constraints, environmental regulations, or export policies.\n\n<\/td><\/tr><tr><td>\n<b>Lack of Long-Term Projections<\/b>\n<\/td><td>\n\nThe article focuses on current trends without providing long-term forecasts or discussing how macroeconomic indicators, such as China\u2019s declining industrial profits, could impact the tungsten market.\n\n<\/td><\/tr><tr><td>\n<b>Profit-Taking Assumption<\/b>\n<\/td><td>\n\nThe report highlights a \"profit-taking atmosphere\" but does not substantiate this claim with specific examples of trading behavior or data on transactions.\n<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Final Thoughts<\/h2>\n\n\n\n<p>The tungsten market in China appears to be in a state of cautious equilibrium, with both buyers and sellers adopting conservative approaches amid weak downstream demand. The stabilization of prices reflects a tentative balance, but the lack of momentum in demand or supply adjustments could prolong the standoff. The broader macroeconomic slowdown in China could pose further challenges to the market\u2019s recovery.<\/p>\n\n\n\n<p>While the analysis provides a clear picture of current dynamics, it could benefit from a deeper exploration of supply-side risks and long-term implications for the tungsten industry. For investors or industry participants, closely monitoring downstream demand trends and macroeconomic indicators will be key to navigating this uncertain environment.<\/p>\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>China&#8217;s tungsten market shows pricing stabilization amid weak downstream demand, with traders adopting a cautious approach in a challenging economic landscape.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"news-type":[131,128,130,122,129],"organization":[],"regions":[315],"class_list":["post-1189","news-archive","type-news-archive","status-publish","format-standard","hentry","news-type-energy-storage","news-type-industrial-applications","news-type-quantum-ai","news-type-ree-news","news-type-renewable-energy","regions-china"],"acf":[],"_links":{"self":[{"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/news-archive\/1189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/news-archive"}],"about":[{"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/types\/news-archive"}],"author":[{"embeddable":true,"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/comments?post=1189"}],"version-history":[{"count":0,"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/news-archive\/1189\/revisions"}],"wp:attachment":[{"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/media?parent=1189"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/news-type?post=1189"},{"taxonomy":"organization","embeddable":true,"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/organization?post=1189"},{"taxonomy":"regions","embeddable":true,"href":"https:\/\/rareearthexchanges.com\/wp-json\/wp\/v2\/regions?post=1189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}