Domestic molybdenum price has been maintained weak adjustment recently due to tight supply of raw materials and the weakness in demand. For molybdenum concentrate market, the poor performance in steel biddings cools purchasing enthusiasm of downstream enterprises, so market trading is thin and price is weak.

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Analysis of latest tungsten market from Chinatungsten Online: The decline in guide prices for April released by large tungsten enterprises were basically in line with market expectations, but certainly further weakened market confidence. China’s tungsten market is weak in product price and thin in trading. The price of tungsten concentrate, APT, tungsten powder and tungsten carbide powder fell slightly.