Tungsten Raw Material Transaction Center Rebounded Slightly, End-Use Demand Still Needs Attention Going Forward [SMM Tungsten Daily Review]
[SMM Tungsten Daily Review: Transaction Center of Tungsten Raw Materials Rebounded Slightly, End-Use Demand Still Requires Attention Going Forward] SMM May 27:
Today, the tungsten market saw moderate trading activity, with increased market inquiries. The transaction center for upstream ore and APT spot orders shifted upward, and market transaction prices gradually converged toward mainstream long-term contract prices in the industry. Some APT enterprises chose to seal their offers and hold back from selling, actively tightening market circulation. The overall market exhibited a slight rebound, but attention still needs to be paid to industry inventory clearing conditions going forward.