Overall confidence in the tungsten City frustrated, short-term market vulnerable to run

Tungsten market: River tungsten, tungsten Association October Ganzhou Scheelite offer down again, resulting in an overall confidence tungsten City once again frustrated, tungsten ore prices are dropped 102,000 yuan / ton, then the price is still higher than the actual transaction price market once again hit the market this on low confidence, almost two days there was no transaction, the merchant does not hold for the second half of tungsten City expectations, recently spent more than tungsten market downtrend will remain slow, weak short-term market is expected to run.

Molybdenum market: Festival market remained quiet domestic molybdenum products, merchants offer foreign temporary stability, but the market outlook is expected to still be pessimistic. Downstream demand did not improve, businesses take the goods price low, price pressure is heavy. External market more bad news, but also affected the businesses operating psychology. Expected short-term molybdenum market or weak stability.


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