Mitengo ya cangsten carbide ufa imawonetsa njira yayikulu mu 2025; Kulephera Kwathunthu Kukufunika, kuwongolera kwa mfundo, ndi mikangano yoyang'anira mitengo kuti ijambule mafunde. Kusanthula kwathunthu pansipa:

Mtengo wogwiritsira ntchito & mfundo zazikuluzikulu

1. Januware mpaka: Kuchulukitsa kujambulitsa  

- Trangsten Carbider Proteter: Kufikira RMB 366 / kg (RMB 366,000 / TOMNE) Kukula kwa 2025, Kukula kwa 20.2% Kuyambira ndikumenya mbiri yakale.

- Zoyambitsa: Kumtunda ku Tungstete yolimbika (gawo loyamba la ma batch pansi 6.4% yoy), njira ya asirikali "(Youziridwa ya Europe), ndikukula kwa waya watsopano.

2. Juni: Kukhazikika pamlingo waukulu, kuwongolera kwakanthawi  

- Pakati pa June 20, mtengo ukonzedwa pang'ono ku RMB 372 / kg, ndikadali utali wa 19.6%.

- Mphamvu Zamsika: Kutenga phindu kwa traders kukakamiza kusinthanitsa, koma kuwongolera kwamisika kumbali kudakhalabe kolimba, ndikuwongolera mwakuya.

B. Core Kuyendetsa Choyendetsa

1.  

- Banja lanyumba limadula: Kuyamba koyamba kwa ma tangsten 58k, pansi 4k tosnes ey (-6.4%). Zoletsa zachilengedwe ku Jiangxi / Hunan Dulani malo owoneka bwino ku

- Chithandizo chowonjezera cha q1 tungsten orets 40%, koma maluso atsopano (mwachitsanzo, a Kazakhstan mgodi) amachedwa mpaka Q3, kulephera kusokonekera kwakanthawi.

2. Zoyeserera zoyeserera  

- Kupanga Zankhondo & Zankhondo: Zinsinsi za ku Euroury Europe ndi Projecssion Projecs Onjezerani 3K zomwe zingafunikire (5% ya kugwiritsa ntchito). Ntchito zatsopano (Robotics, EVTTOL Dutting zida) kukanikiza carbide yotulutsa 9% yoy.

- Kukonzanso waya wa PV: Kuwerenga kwa kulowa kwapeweka kumagunda 12%. Xiamen TAngsten's 10-biliyoni okulitsa misika 85%, kukweza phindu / Tonne ndi 30% kudzera pa Tech Produum.

- Bwezilo lakunja likutumiza: Kugulitsa kwa China ku China kumagwera ku zero (kawiri ntchito kawirikawiri), kumapitilira kukakamizidwa kunyumba.

C. Geopolitics & Masewera Akulu  

- ONDYERANI PREPERS IPREMIM: Mibadwo ya Middle East Amplive Mtengo Wankhondo. Dongosolo la EU kwa 100k-Tonne Stunec Desursers Global Stramble.

- Kufalikira: Gawo la Tungsten limawona kuti sikulu ya Rmb 178m (Epulo). Pulogalamu zamtsogolo zimatuluka 8%, ndi ogulitsa ogulitsa akukweza kosakoloka.

3..

1. Q1: Rise then Retreat  

- Januware: Tchulani tchuthi chamasana chothandizira, koma zochitika zenizeni zinali zochepa.

- February: Zowongolera kutumiza kunja kudapangitsa> 80% amayi agwetsa kunja, kumukakamiza mitengo.

80% amayi agwetsa kunja, kumukakamiza mitengo.

2. Q2: Peak and Stalemate  

- Marichi: Kuchuluka kwa mitengo yotsika; Tungsten ufa ku Rmb 308 / makilogalamu ndi mwezi.

- Epulo: Mfundo zolimbitsa thupi (zolemba za Quota) ndi zomwe zimapangitsa kuti RMMB 1,000 / makilogalamu tsiku lililonse. Mtengo wapakati unaswa Rmb 316,000 / Tonne.

- May-June: Mitengo yolumikizidwa pafupi ndi nsonga. Kutsika kwa mabisi onyamula mabiri omwe adabwera "m'manja mwa dzanja" kugula, ndikupanga msika wamtengo wapatali.

D. Trems Trend

1. Nthawi yochepa (H2 2055)  

- Volatity wapamwamba: tungsten carbide ufa wa chithandizo ~ RMB 360 / kg. Mtengo wocheperako (Tungsten Jurcem Mtengo wa Rmb 146k-148k / Tonne).

- Zowopsa: Makina opindulitsa amatenga ndi kulowera kunja kwa ramm (i.), bakhahy's 8k-tnene) ikhoza kuyambitsa kuwongolera.

2. Nthawi yayitali (Post-2026)  

- Kuwonongeka kosinthika: mgodi wowonongeka ndi mauthenga amaluma pitilizani. Kulowera kwapa waya PV kuti akwaniritse 20% pofika 2026; Zoyimitsa Zosintha za Carbide imagwira ntchito. Kufunikira kwamphamvu kumakweza mtengo.

- Globard Pricing Retsiffle: China imalamulira 70% ya osungira. Kubwezeretsaninso Tungsten Tech ikhoza kukhala masewera. Zochitika kwambiri zimatha kukukanani kwambiri kuposa RMMB 200k / Tonne (Tungsten ufa 300 / kg).

Mapeto