Tungsten strong market sentiment, spot market volume was light

Tungsten market: near the end of the year, temporarily weak tungsten concentrate market stability maintenance, wait and see mood strong, coupled with business funding constraints, multi suspend operations, tungsten businesses increased financial pressure, combined with guided forthcoming, the tungsten market sentiment strong spot market volume was light ; despite yesterday's pan-Asian small amount of the payment to the old customers, but drop in the bucket, tungsten smelter cash flow is still tight, the entire domestic market have continued weakening tungsten run businesses generally bearish outlook tungsten, tungsten municipal demand is expected to December 11 or less January weaker.

Molybdenum market: This week most businesses are not shipping molybdenite, offer low motivation, International Molybdenum iron prices to some extent affected the domestic business mentality, domestic ferromolybdenum volume also decreased this week, mostly in the business volume 15-50 ton range, expected short-term market steady.


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Tel.: 86 592 5129696; Fax: 86 592 5129797
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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