Group 1 - The stock of Jiexin International Resources (03858) rose over 5% during the trading session, currently up 3.4% at HKD 32.22, with a trading volume of HKD 30.83 million [2] - The tungsten market continues to show a stable trend, with the price of 65% black tungsten concentrate reported at CNY 327,000 per standard ton, an increase of 128.7% compared to the beginning of the year [2] - The price of 65% white tungsten concentrate is reported at CNY 326,000 per standard ton, reflecting a 129.6% increase since the start of the year [2] Group 2 - According to Kaiyuan Securities, tungsten is a strategic metal in China, and its supply is constrained by resource depletion and environmental factors, along with national total control on tungsten mining, limiting production release [2] - The demand for tungsten is expected to remain tight due to emerging growth areas, which may lead to a continued upward trend in tungsten prices [2] - Beneficiaries of this trend include companies like Jiexin International Resources [2]
佳鑫国际资源盘中涨超5% 钨市延续稳健行情 战略金属地位凸显