Molybdenum Powder Price - Apr. 20, 2018

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China’s molybdenum price continues to fall slightly, but businesses intend to raise product prices due to limited production capacity of mines. Though quotation in the raw material market keeps firm and sellers are reluctant to sell, the consumption in the terminal market does not increase.

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Tungsten Concentrate Price Set to Stabilize Under the Continuous Weak Demand

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Analysis of latest tungsten market from Chinatungsten Online:With the decline of tungsten concentrate price and consumption of low-cost inventories, the panic in the whole market becomes calm and most sellers are reluctant to sell. Under the continuous weak demand, tungsten concentrate price would be hard to rise.

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Low Buying Interest in Tungsten Raw Material Market

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Analysis of latest tungsten market from Chinatungsten Online: The decline in tungsten price in previous stage reduces some risks, plus a new round of environmental protection strengthens the mindset, sellers resist the further decline in price. But considering the pressure in supply and demand side, part of downstream purchasers still try to force price down and actual transaction prices are hard to be stable.

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Deadlocked Supply and Demand in the Tungsten Powder Market

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Analysis of latest tungsten market from Chinatungsten Online:In the tungsten concentrate market, due to the environmental protection inspection boosting market confidence, low-price products are reducing. Downstream purchasers remain cautious attitude towards buying, which limits terminal demand. On the whole, tungsten concentrate price is difficult to rebound given the quiet market trading.

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Tightening Availability of Low-price Raw Materials in Tungsten Market

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Analysis of latest tungsten market from Chinatungsten Online: Returning from Tomb-Sweeping Day holiday, a large tungsten enterprise in Fujian province released the first guide prices for April amid APT price in cash was $305.8/mtu, down $5.8/mtu compared with last time. The decline set the tone of weakness for the whole tungsten market last week.

Read more: Tightening Availability of Low-price Raw Materials in Tungsten Market

 

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