Tungsten Market demand in the doldrums, the cash turnover continued stalemate

Tungsten market: no significant improvement tungsten market demand, businesses generally lack confidence in the market outlook, institutional and disc manufacturers and other very price stability expectations dashed. Some businesses Paohuo willingness increased slightly, but hold stocks down inquiry, spot transactions continued stalemate, tungsten prices continue to fall, low motivation smelter home production of tungsten concentrate procurement of raw materials is not very urgent, only to find the low supply, the mainstream of the late material 50-60 degrees ore price or at risk of below 70,000.

Molybdenum market: ferromolybdenum market weakening operation, molybdenum oxide and ferromolybdenum no growth in demand and prices continue to edge lower, if molybdenum achieve international imports, will once again impact on the domestic molybdenum concentrate, resulting in lower reaches tentative inquiry, mining shipping companies hard. Molybdenum products market stability frequent shocks, slightly lower prices slightly. Manufacturers in the market situation is more disappointed in the short term people are still waiting to see more. It expects molybdenum market is still hard to get rid of the weaker short-term risk.



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