Tungsten Market demand is low, ore prices continued in the post

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.


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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

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