Tungsten City or continue to decline, but the decline will be narrowed

Tungsten market: Today is the first day after a small holiday, tungsten market as a whole with little turnover, the market demand continues to slump, October Scheelite oversupply phenomenon converting a significant improvement in downstream tungsten iron, APT and other smelter enthusiasm for production or still low, but financial constraints in the market and higher raw material costs of support, the manufacturers very price will is strong, it is also a greater resistance to falling prices, is expected in October tungsten City or continue to decline, but the decline would have narrowed.

Molybdenum market: pre-holiday market in a weak internal shocks molybdenum product stage, but the market did not signs of stabilization. Market outlook is expected to remain poor, while the downstream demand and the purchase price is not high, the market lacks strong support factor, so there is still pressure lower risk of late, is expected after the holiday molybdenum market remains weak or steady run.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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