Tungsten Ore Market Inquiry Form Increased, Molybdenum Quotes Running Low

Tungsten Market Quotes: Minmetals’ guidance prices continue to be flat in March, tungsten ore market inquiry form increased and shipments will is enhanced enhanced .APT price keep steady  to rise, high price has raised to around 178,000 yuan / ton, the quoted market price of tungsten carbide powder artificially high.The procurement ability of downstream Carbide corporates are weaken, waste tungsten steel businesses keep optimistic mentality, no hurry to ship and stably operate for short.

Ganzhou Tungsten Association guide price in March compared with February a slight rise, the tungsten market or re-warming. Held cargo miners offer range widened space up even more prominent phenomenon the tungsten iron market stimulated by the price of raw materials, manufacturers price gradually pulled tungsten carbide high-priced resources increased, but the actual turnover of follow-up difficult. We expect slow uplink, the overall tungsten City short term market steady market settlement prices of many running low.

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