Tungsten demand continues to slump, the market was weak
- Details
- Category: Tungsten's News
- Published on Sunday, 04 May 2014 13:43
Tungsten market : demand continues to slump tungsten , tungsten market was weak , mainstream tungsten scrap prices continue steady run , the market is not trading volume and turnover are mostly small batches , lack of business confidence in the market outlook more confused . Not more than the overall quantity of cash resources . Scheelite agency guidance to be announced this month , the market waiting to see thicker atmosphere , tungsten scrap market is expected to more than short-term maintenance of stability will be temporary . Tungsten concentrate prices being weak stability maintenance, thinly traded , buyers continued to lower prices , but the market is still hovering between 1.4-1.45 mainstream yuan / kWh .
However, due to early May 5 tungsten and tungsten ore agreement to be announced guidance , the city in recent days to wait and see atmosphere tungsten or thicker.
Molybdenum market : major domestic steel mills have recently released a report on the results of the tender ferro molybdenum products , lower tender price level makes the venue to enhance the business outlook pessimistic expectations . Stock market trading is not busy , heavy price pressure , will increase the difficulty of the business operations . City or expected short-term domestic molybdenum still weak.
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