The operation of tungsten and molybdenum industry has basically recovered and improved
The monitoring results of monthly prosperity index of China's tungsten and molybdenum industry show that in July, the prosperity index of China's tungsten and molybdenum industry was 25.1, up 2.6 points from the previous month, and has entered the "normal" range; the first composite index was 44.5, up 0.1 point compared with the previous month.
The monthly prosperity index of China's tungsten and molybdenum industry rebounded from last month and has entered the "normal" range.
In July, among the indicators constituting the prosperity index of tungsten and molybdenum industry, the price index of tungsten and molybdenum, M2, export index of tungsten and molybdenum, monthly investment amount of fixed assets of tungsten and molybdenum, output of cemented carbide, output of crude steel, production index, main business income of tungsten and molybdenum enterprises and total profit of tungsten and molybdenum enterprises were all in the "normal" range. It is worth noting that the price index of tungsten and molybdenum continued to rise, and the price index of tungsten and molybdenum was - 35.3 in July; the export index of tungsten and molybdenum continued to decline, with the export value index of - 35.7 in July; the monthly investment index of fixed assets of tungsten and molybdenum continued to rise, with the monthly investment index of fixed assets of tungsten and molybdenum in July of 45.7; the output of crude steel continued to decline, with crude steel output of 31.2 in July; and the total profit index of tungsten and molybdenum The total profit index of tungsten and molybdenum in July was - 43.2.
Among the indicators constituting the leading composite index of tungsten and molybdenum industry, it rose by 3 and fell 3 month on month after seasonal adjustment. The price index of tungsten and molybdenum rose by 12.9 percentage points, M2 by 2.5 percentage points and monthly investment in fixed assets of tungsten and molybdenum increased by 27.1 percentage points. The decrease is that the export value index of tungsten and molybdenum increased by 5.8%, the output index of cemented carbide decreased by 11.2%, and the output of crude steel decreased by 1%.
In July, the domestic and foreign demand for tungsten market was still weak, and the export decreased year on year. However, due to the joint action of flood disaster in South China and environmental inspection in Jiangxi Province, the supply of tungsten concentrate was relatively tight, and the price of tungsten rose slightly to 84000 yuan / ton. In July, the average price of domestic tungsten concentrate was 82000 yuan / ton, with a year-on-year increase of 8.3% and a month on month increase of 0.3%; the average price of apt was 123000 yuan / T, with a year-on-year increase of 9.5% and a month on month increase of 0.1%.
In July, the overseas demand of molybdenum market was difficult to recover in the short term. The global molybdenum demand shrank significantly, and the contradiction between supply and demand intensified, and the price of molybdenum products showed a downward trend. In July, the domestic molybdenum concentrate price was 1249 yuan / ton, down 32.3% year-on-year and 13.7% month on month; the price of ferromolybdenum was 104000 yuan / ton, down 30% year-on-year and 11.9% month on month.
To sum up, at present, the tungsten and molybdenum industry as a whole is in the "normal" space, and the operation of the industry has basically recovered, and the momentum of improvement appears. It is expected that the tungsten and molybdenum industry will still operate in the "normal" range for some time in the future.
