Tungsten price center has shifted upward again, and the performance of listed companies has significantly improved

Recently, tungsten prices have continued to rise. As a key raw material in high-end manufacturing fields such as photovoltaic tungsten wire and electric motors for new energy vehicles, the continuous increase in tungsten powder prices has attracted significant attention from the capital market. Institutional data shows that on February 9th, the tungsten market continued to maintain a tight supply and high price pattern, with the price center once again moving upward, and the price of ammonium paratungstate (APT) officially breaking the million yuan mark per ton. According to the recent performance forecasts and performance reports disclosed by A-share listed companies for 2025, affected by the price increase of tungsten-related products and other factors, the performance of listed companies in the industry chain has generally been impressive. Some companies mentioned that during the reporting period, there was a noticeable increase in product sales. (China Securities Journal)