Tungsten market funds are tight, businesses require cash settlement

Tungsten market: tungsten market due to funding constraints, businesses require cash settlement, less cash transaction, but there is a certain turnover and price quotations are mostly concentrated in the low range, hold stocks tend to offer today or traded, so some tungsten commodity prices or a small drop. Scheelite cargo shipping business who wishes to increase and decrease the high offer, some traders and downstream buyers also took the opportunity to purchase some of tungsten ore, the mainstream market in the 8.3-8.4 yuan / ton, expected late disadvantaged stability maintenance.

Molybdenum market: the recent International Molybdenum prices continued slipped, poor confidence in the domestic market, mills obviously powerless tender, tender delay large steel enterprises, ferro molybdenum prices rose fatigue, molybdenum concentrate also fade weak demand, short-term market is expected to continue steady watching.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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