SMM Tungsten Daily: Calm Market, Prices Decline Slightly

[SMM Tungsten Daily Review: Calm Trading, Tungsten Market Steadily Moving Forward] The APT pricing center fell to 210,000 yuan/mt, with some spot orders of retail bulk goods transacted at this price level.

The price of tungsten powder products slightly declined due to the lack of enthusiasm for year-end inventory stocking in the downstream alloy market, with spot orders of bulk tungsten carbide transacted down to 308 yuan/kg.

In recent days, the tungsten market has been relatively calm in terms of procurement and sales, with suppliers showing a reduced willingness to sell raw materials, slowing down the market's supply flow. In the absence of clear price guidance or bulk transactions, tungsten prices are expected to continue to maintain a slightly weak trend.