Tungsten market continued to slump, downstream manufacturers face difficulties
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- Category: Tungsten's News
- Published on Friday, 14 November 2014 14:25
- Hits: 961
Tungsten market: tungsten market continued to slump, downstream tungsten smelters home facing difficulties, worries after procurement of raw materials for production, product prices lower again once it upside down imminent danger, so manufacturers operate very cautious, procurement of raw materials scarce. Tungsten concentrate cargo operators operating difficulties due to tight liquidity, low supply is difficult to purchase low price, support ore prices. Because of tungsten concentrate prices continue to decline, the cost of supporting efforts to scrap tungsten market weakened further, businesses offer a further drop.
Molybdenum market: Recently the domestic market seems to have stabilized molybdenum signs, molybdenum concentrate, molybdenum, iron and other product prices stable. Manufacturers offer enthusiasm is not high, but the actual number of transactions is not much. Because the venue is difficult now good news, market outlook bearish doctrinal attitude. Expected short-term molybdenum market or weak stability.
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