Prediction of future prices of tungsten powder and carbide products

In late June, the market entered a high level oscillation stage. On the one hand, the continued high prices put pressure on the cost transmission of downstream alloy and hard alloy enterprises, and demand in some areas showed signs of fatigue, and procurement tended to be cautious; on the other hand, upstream mines were still willing to support prices under strong policy constraints and cost support. Both supply and demand sides entered a period of deep game, and prices showed a trend of sideways consolidation after a slight correction. Despite this, the market generally believes that with the core supply constraints unresolved and the strategic value highlighted, as the company's inventory is gradually consumed, tungsten prices still have the potential to explore higher.