Tungsten city exercise alone increased slightly, mostly tentative inquiry

Tungsten market: Despite the recent tungsten City exercise alone increased slightly, but mostly tentative inquiry, thinly traded; With the continuous decline in the price of tungsten, businesses profit margins once again pressure is small, hold stocks of raw materials and downstream APT low external smelter home shipments will have a low price, and with eleven small holiday approaching, some downstream carbide and other manufacturers began to make inquiries APT single, but temporarily not traded, now or are tentative. Tungsten scrap material recyclers interested in lower prices, the overall volume scarce. Tungsten City is expected to last two days or will temporarily remain relatively stable.

Molybdenum market: the market demand seriously affected by the recession, the weekly internal and external product markets sharply lower molybdenum phenomenon, and the external contact futures prices also fell. Business mentality frustrated expectations are not optimistic about the market outlook, the domestic primary molybdenum prices are still under pressure downside risk. Expected short-term molybdenum City or weaker run.

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