Core Insights - On September 1, the price of tungsten concentrate surged by 12,000 yuan, reaching 264,000 yuan per ton, with an increase of 4.76% [1] - Over the past two months, the cumulative increase in tungsten concentrate prices has approached 35% [1] Supply Side Analysis - The reduction in tungsten concentrate mining quotas has led to limited resource availability, with a decline in ore grade and resource attributes providing strong support [1] Demand Side Analysis - Domestic demand remains stable, primarily driven by essential procurement [1] - In early July, mainstream companies raised long-term contract prices, which has contributed to price stabilization in the market [1] - Future attention will be on the new round of long-term contract pricing [1]
供给端减少 钨精矿价格继续上涨
Shang Hai Zheng Quan Bao·2025-09-02 00:56