China Tungsten Online: Tungsten Products Operating at High Prices but Future Uncertainty Increasing

People’s Financial News, March 12 — According to Zhongwu Online on March 12, tungsten product prices remain high, but uncertainties about future market trends are increasing. Based on Zhongwu Online’s survey, the bullish outlook is mainly supported by tight tungsten ore supply and strategic expectations regarding the value of key global minerals. Market concerns are primarily due to the lack of substantial consumption demand supporting the continuous upward trend, and the strategic and financial attributes of allocations are easily affected by macroeconomic and political environments and participant sentiment. As tungsten prices continue to rise, market risk aversion is also accumulating, and current market sensitivity has significantly increased. Industry insiders point out that the entry barriers are rising, and opportunities and challenges coexist along the supply chain, requiring cautious responses. As of press time, the price of 65% black tungsten concentrate is 1.05 million yuan per metric ton, up 128.3% from the beginning of the year.