Guidance slashed, tungsten market turnover continued stalemate

Tungsten market : With the guidance of sharply lower raw material and tungsten concentrate market word within a small price ; businesses do not expect it to short-term outlook , but holding the goods subject to high-cost, low willingness Paohuo still large market turnover continued stalemate , scrap tungsten market is still holding stability temporarily downstream receipt can still be active , it is still a certain volume to support the market , but by the fall in mineral prices , weakening part of the business mentality , offer slightly downward trend now . Expected short-term tungsten Costco will continue weak .

Molybdenum market : a favorable internal and external factors continue to emerge , making the existing business outlook mentality venue change for the better . Foreign businesses reluctant to sell low molybdenum concentrates , and the actual transaction level has improved. Molybdenum iron manufacturers offer maintenance of stability , reduce signs of low turnover . Other participants maintain the sidelines of molybdenum products . City or expected short-term stability of molybdenum -based, limited upside amplitude.



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