Tungsten market is quiet, concentrate price cut

Tungsten market: Ganzhou tungsten Association and China Minmetals Nonferrous May tungsten concentrate offer all down, or relative last month narrowed, the overall market performance continue to cold, adequate supply, but the downstream demand downturn, the overall still pile up in excess of requirement. The price is more close to the real market, waste tungsten market is still a certain volume, wherein the blade demand is relatively good, the whole trading atmosphere can be, so the market slightly stronger. At present the market wait-and-see atmosphere thick, is expected in recent days of tungsten products prices or slightly down.

Molybdenum market: Steel for relatively few in number, and some steel mills have cut the bidding price. Molybdenum concentrate business market differences, offer more stable, ferromolybdenum supporting force is weak, do not rule out the risk down slightly. Factory orders, wait-and-see market. Even the short-term stability of molybdenum market weak.


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