Tungsten product prices have doubled this year, 3 stocks have attracted institutional research

Tungsten products have rapidly risen again since October. According to data from China Tungsten Online, as of October 28, the price of black tungsten concentrate was 288,000 yuan/ton, an increase of 3,000 yuan/ton compared to the previous trading day. The price of APT was 425,000 yuan/ton, up 7,000 yuan/ton from the previous trading day, and the price of tungsten powder was 635 yuan/gram, an increase of 5 yuan/gram. Compared to the prices at the beginning of the year, the prices of tungsten products have doubled across the board. The price of black tungsten concentrate at the beginning of the year was 143,000 yuan/ton, which has increased by 101.4% since the beginning of the year. APT has cumulatively increased by 101.42%, and tungsten powder has increased by 100.95%. According to statistics from Securities Times·Data Treasure, there are 7 A-share stocks involved in tungsten production, most of which have risen since October. China Tungsten High-tech has increased by 20.83%, ranking first, followed by Xiamen Tungsten, ZY-Tungsten, and Luoyang Molybdenum, which have increased by 18.75%, 7.5%, and 6.69%, respectively. In terms of institutional attention, three stocks primarily engaged in tungsten products have attracted significant institutional interest, with Xiamen Tungsten, China Tungsten High-tech, and ZY-Tungsten having the highest number of institutional research visits this year, reaching 366, 104, and 69, respectively