Tungsten Market demand is low, no improvement in the short term may

Tungsten market: tungsten market downturn in overall demand and no improvement in the short term may, even with the approaching summer holidays abroad, the tungsten market bearish sentiment thicker, tungsten smelters stopped production increase, tungsten iron smelters currently operating at only 20% of home , is expected to the current price of tungsten is not yet stabilized or stable plate, late or are still downside risks. Home smelter production enthusiasm is low, tungsten concentrates procurement of raw materials is not very urgent to find only low supply, 50-55 degrees scheelite inquiry constantly dropping, or are expected late 70000 the following inquiry.

Molybdenum market: although sales increased resistance, some large and medium enterprises still maintain normal production, stock inventory difficult consumption. Molybdenum concentrate market is hard to change the impasse, the sale is difficult to reconcile the contradictions, the market risk is still weak, buyers psychological price trend again low, sellers cost pressures still exist, few market-volume trading.



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