Tungsten market: After a continuous drop last week, today's mainstream tungsten concentrate, APT, tungsten powder product manufacturers offer steady, the current market demand for tungsten light, transactions scarce, expected short-term price of tungsten or tungsten-based market gradually low stabilized, the decline narrowed. Due to the poor overall domestic economic situation, the poor end-market consumption capacity, most of the dwindling number of buyers purchase, resulting in the market's overall trading increasingly bleak.
Tungsten market: Bearish sentiment dense tungsten businesses, operating actively weak, tungsten spot market volume was light this week, there is still a low risk of tungsten-based products was down, the domestic scrap tungsten blade or fell 110 yuan / kg in the vicinity.
Tungsten market: tungsten market continues deserted run, end demand downturn, tungsten ore buyer continued to suppress the inquiry, inquire as low as 50 degrees scheelite 65,000, most of tungsten ore into a loss, the development of the tungsten industry faced relatively great difficulty. But hold stocks low sellers, buyers and sellers stalemate, the spot market turnover less material to late ore prices or to low consolidation.
Tungsten market: although Luomu announced the establishment of a special fund tungsten business of purchasing and storage, but it is understood Luomu recently still sold tungsten products, market participants suspect that the purchasing and storage may be more slowly store their produce tungsten mine, not out 3 billion to put into the tungsten market, and therefore weak demand market, the Luomu this initiative or less late effects on the price of tungsten ore price continued low.
Molybdenum market: today's molybdenum market reality no market at all, daily market seems sameness circumstances, trading deserted, manufacturers operating difficult dilemma revealed. Bidding steel prices continue to decrease, ferromolybdenum market can not expect too much and then send in steel strokes. Participants frequent heart fell, difficult for them to have a market enthusiasm, the current market can look forward to an early bottoming out. Market participants should enhance risk aversion, short-term risks remain.
Tungsten Business Shouchu Fund was established, the price of tungsten is expected to significantly upward
Luo molybdenum announcement that the proposed scale of not more than 3 billion yuan to set up a tungsten business Shouchu special fund be used for tungsten concentrate price commercial purchasing and storage, purchasing and storage is expected to total no more than 46,000 tons, accounting for the total domestic tungsten concentrate yield 1/3. This means that the industry's first commercial support for purchasing and storage fund was established specifically tungsten, tungsten price downturn is expected to inject a shot in the arm.
Tungsten price in the doldrums, more cost-effective mine Shouchu previous close. By the downstream demand downturn, tungsten prices continued downward, currently wolframite (65%) of the price is only 79,000 yuan / ton. Most of the tungsten ore into the loss, the equivalent of a low cost of purchasing and storage enterprises business acquisitions tungsten resources, help strengthen the domestic tungsten resources industry pricing, while countries also support domestic resources for strategic purchasing and storage business in order to stabilize prices.
Tungsten market: yesterday Ganzhou Tungsten Association, Minmetals, Jiangxi Tungsten three bodies have been released in July guidance, institutions are guided crash, closer to the actual market price, expected to be affected or tungsten market ushered in a wave downstream market . Ganzhou Tungsten Industry Association issued in July forecast average price of tungsten market. Among them, wolframite 7.2 yuan / ton, compared with June, down 9,000 yuan / ton, APT was 112,000 yuan / ton, compared with June down 11,000 yuan / ton, the particles of tungsten powder is 192 yuan / kg, compared with June down 8 yuan / kg.
Molybdenum market conditions: calm molybdenum market today, ferromolybdenum price stability, low cash deal. Molybdenum chemical consumption of inventory, production expanded. Market difficult to maintain, few new orders. Is expected to stabilize short-term weakness, still hit new lows.
Tungsten market: tungsten market continues deserted run, end demand downturn, tungsten concentrate spot market volume was light, the two sides continued stalemate on the issue price. Since tungsten businesses generally bearish outlook, the price is more inclined to tungsten concentrate buyer, resulting in lower tungsten concentrate has continued to edge lower, today mainstream tungsten products prices temporarily vulnerable stability maintenance, most of the market this week is expected to circulate 50-55 degrees fine scheelite or concentrate ore prices in 6.6-6.8 yuan / ton.
Molybdenum market: domestic and molybdenum market remains in the doldrums, the domestic molybdenum prices often decline in the price down no bottom line. Molybdenum concentrate, ferromolybdenum prices diving, panic intensified. Next week molybdenum market continues to remain low.
Tungsten market: With the tungsten market gradually into the traditional off-season in July and August, businesses operating enthusiasm low, overall demand is low, turnover focused on low prices, smelter stopped production intensifies, traders operating cautious. Sodium tungstate low market demand, smelters family has been by a single production, strict inventory control, production enthusiasm is low, price, lack of motivation. More bearish outlook tungsten, tungsten-based products at low prices attempt plate steady, but there are varying degrees of risk was down late feed of.
Molybdenum market: domestic and molybdenum markets are facing shrinking demand situation, market transactions deserted, short-term mutual containment and dragged inside and outside. The latter part of the domestic development of the market will be filled with the crisis, although the mills tender, but can not withstand the overall decline, dropping again likely.
Tungsten market: tungsten downstream demand continues to slump, tungsten-based products do not sell on price, tungsten ore raw material procurement side continued down the inquiry, to avoid upside down and get small profit, the tug of war buyers and sellers prefer buyer price, spot price constantly Yindie expected short-term ore price stability maintenance or vulnerable, but low or slightly dropping. Overseas APT quotation rebound, latest MB British Metal Bulletin latest offer in a high increase of $ 10 paratungstate Europe 215-230 up $ 5 / metric ton. Short-term domestic APT price or stabilization.
Molybdenum market: domestic and foreign market performance deadlocked, the price falling risks remain. Although steel procurement ferromolybdenum market, it is difficult to drive the market enthusiasm, turnover is not ideal, the weak downstream demand has not improved, the market outlook bearish; molybdenum chemicals market is facing money withdrawn from circulation more difficult, more consumption of inventory-based. Difficult short-term market is expected to turn for the better, the decline difficult to cut.
Tungsten market: With the raw tungsten concentrate prices continued to decline, tungsten market activity decreases, tungsten smelters stopped production increase will reduce foreign quote, tungsten end demand has not yet improved, coupled with the impact of foreign low-cost supply into the domestic market traders operate low motivation. Expected to enter July, the tungsten market into the traditional off-season, the price of tungsten or continued to hover in the low, tungsten, or the spot market traded stalemate continued.
Molybdenum market: International Molybdenum market appeared to stabilize the situation, however, is difficult to predict the impact on the market outlook, the domestic molybdenum prices more on the sidelines. Quote inability to adjust, molybdenum oxide, molybdenum concentrate market is quiet, traded weak, molybdenum iron also increase the difficulty to take the goods. Currently molybdenum market prices is not optimistic, expected short-term will continue to weaken.