Aktuelles zu Almonty Industries WKN: A414Q8 ISIN: CA0203987072 Kürzel: ALI1 Forum: Aktien User: Moly
A Massive Drop of 57.59%! Tungsten Prices Halved from Highs as Weak Downstream Demand Erased Wolframite Concentrates' Year-to-Date Gains [SMM Commentary] • Current Market Price: As of May 19, the average price of wolframite concentrates (≥65%) was 445,500 yuan/standard tonne (65%WO3 basis). • Price Trend: The current price has retraced all gains for the year and fallen from the annual average price high by 57.59% in just over two months. • Market Sentiment: End-users are maintaining a cautious purchasing stance, leading to weak downstream demand and downward pressure on raw material prices. • Market Outlook: Weak end-use demand suppresses tungsten prices, with limited support from supply-side factors. • Short-Term Price Trend: Tungsten prices expected to remain sideways due to weak demand and low raw material costs. • Long-Term Market Dynamics: Shifted to a “demand-led” pattern, driven by structural changes in consumption and cost support. https://news.metal.com/newscontent/103909586-A-Massive-Drop-of-5759-Tungsten-Prices-Halved-from-Highs-as-Weak-Downstream-Demand-Erased-Wolframite-Concentrates-Year-t
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