Tungsten City bearish sentiment strong, businesses will purchase is not high
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- Category: Tungsten's News
- Published on Tuesday, 14 October 2014 17:36
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Tungsten market: strong bearish sentiment tungsten City, businesses will purchase is not high, and continue to suppress the inquiry, downstream manufacturers of tungsten very price conscious enhanced, resulting in market prices slightly confusing, the whole city with little turnover tungsten week or steady slight decrease based. Scheelite raw material prices continue to decline by the impact of waste tungsten market sentiment is very strong, businesses generally do not have the intention of receipt, and continue to suppress the inquiry, the current market price performance of the whole chaotic, cheap and frequent. Market long overdue positive factors, there is no breakthrough demand in the short term, business confidence has repeatedly frustrated tungsten, tungsten increased smelter shutdowns and other home, home on the downstream smelters intent to purchase less raw tungsten concentrate, tungsten concentrate quotes continue to decline, although the price low, but turnover is rare.
Molybdenum market: domestic molybdenum prices decline slowed, and many among the low product prices, limited late to continue down the space. Many participants on the sidelines, some manufacturers in order to maintain the old customer-oriented supplier, still less demand in other areas. Trading relative stalemate, the market outlook is expected to remain poor.
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