The Tungsten Ore Market Is Increasingly Active While Molybdenum Market Is Weak

Important Tips: The tungsten ore market  in domestic is increasingly active.Tungsten ore businesses are reluctant to sell holding stocks, because  the price of tungsten ore  is still rising in  a short-term. The outer  performance of  molybdenum is not good, and the market trend of  molybdenum  is weaking. The consolidation of  molybdenum in domestic market  is vulnerable.

Tungsten Market: The  tungsten ore market in domestic is increasingly active.Tungsten ore businesses are reluctant to sell holding stocks, because  the price of tungsten ore  is still rising in  a short-term. The  manufacturers of sodium tungstate temporarily maintain a pre-holiday price and the market is relatively calm. As the part of tungsten carbide powder, it continues to wait and see. Some businesses tempted to adjust the price. Scrap tungsten steel continues to have a steady run. We expect that  the price of some tungsten-based products has  a slight rise in the short term.


Molybdenum Market: Recently  the molybdenum market is underperforming,  and the market trend of molybdenum is weak.  When the molybdenum market  is weaking, part of the businesses  is difficult to make right judgments on  the market outlook.  So it is a short-term policy  that molybdenum businesses maintain waiting and seeing. We expect that in the  short-term molybdenum market is difficult to  have greater fluctuation.



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