Tungsten demand continues to light, the market outlook is bearish expectations
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- Category: Tungsten's News
- Published on Tuesday, 25 November 2014 14:12
- Hits: 1086
Tungsten market: tungsten prices down after a long, now close to the cost line, strong factory very price conscious. Although demand continues to light, but today tungsten price stability maintenance temporarily vulnerable, wolframite prices are still hovering 8.5-8.6 yuan / ton. At present, although tungsten concentrate prices gradually stabilized, but tungsten steel scrap prices are stable kicked upstairs next business mentality pessimistic market outlook bearish expectations. Ferrotungsten market demand continues to slump, but this week the price of tungsten iron temporarily run stability maintenance, manufacturers offer firm.
Molybdenum market: External molybdenum products gained momentum difficult, prudent business operations, the market outlook is expected to dare to be overly optimistic. Molybdenum domestic commodity market prices little changed, as the market demand is still poor, participants price varies, so the market rally blocked. Molybdenum market or expected short-term stability.
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