Chinatungsten Online: Tungsten product prices remain high, but future uncertainties are increasing

Golden Ten Data reported on March 12 that, according to a survey by Chinatungsten Online, the bullish market outlook mainly stems from tight tungsten ore supply and strategic expectations supporting the value of global critical minerals. Market concerns are primarily due to the lack of substantial incremental consumption demand to support the ongoing unilateral price surge, while allocation demand based on strategic and financial attributes is easily affected by macroeconomic and political environments as well as participant sentiment. As tungsten prices continue to rise, market risk aversion is also accumulating, and current market sensitivity has significantly increased. Industry insiders pointed out that the entry threshold for the sector has correspondingly risen, and opportunities and challenges coexist within the industrial chain, requiring cautious response.