Tungsten concentrate prices are relatively strong, continued sluggish demand
- Details
- Category: Tungsten's News
- Published on Wednesday, 18 June 2014 14:13
Tungsten market: Although tungsten concentrate prices have remained relatively strong, but continued sluggish demand, traders funds are tense, resulting in market sentiment is not active, with the approaching summer break abroad, businesses on the tungsten market in July and August is not very optimistic about the . By funding constraints and increased support costs, prices rose on Zhouzhong ammonium tungstate, ammonium paratungstate prices stabilize, cash turnover little changed, although there is a large demand for the short-term is difficult to improve, but now paratungstate smelters are home to order production, reduce inventory, short paratungstate quote or remained relatively strong stable.
Molybdenum market: some manufacturers still adhere to the current venue of the original offer, favorable external market consumes a certain amount of domestic supply. However, with the weakening of the external market, the internal pressure of the business of supply and demand increases, prices will remain under pressure molybdenum products, businesses phenomenon or take the goods price increases. Expected short-term molybdenum market vulnerable consolidation.
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