Strong support by the raw materials market, weak demand for tungsten market

Tungsten market: strong support by the raw materials market, scrap tungsten steel prices rise slightly. However, constrained by weak demand, scrap tungsten powder soft material prices have not changed. Tungsten concentrate prices continue to stabilize, the spot market turnover remained light. However, due to funding constraints businessmen, holding cargo shipping business has increased the enthusiasm, some businesses eager to cash shipments, which led to a slight increase in the relative volume, little change in the actual transaction price. Because demand has not improved, is expected to post weak tungsten prices, scrap tungsten steel upside is minimal.

Molybdenum market: needs to keep quiet, hard by the favorable factors supporting the market, hence the frequent phenomenon of dropping slightly. Pressure drop in the primary market prices, market outlook bearish thick atmosphere. Some manufacturers maintenance of stability of mind is strong, but not ideal shipping conditions. Or expected short-term molybdenum market remains weaker.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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