Tungsten prices steady, turnover remained light
- Details
- Category: Tungsten's News
- Published on Friday, 20 June 2014 14:15
Tungsten market: tungsten prices steady, spot turnover remained light, due to funding constraints and businesses eager to cash. Hold cargo shipping business has increased the enthusiasm, tungsten concentrate volume increased slightly, but the transaction price and the market price of the mainstream almost no change in prices of scrap tungsten businesses also weakens the will, desire to stockpile some businesses also temporarily postpone purchases plan, and then wait for the market to operate changes, now mostly held steady on the sidelines. Expected to run short-term or continuing maintenance of stability.
Molybdenum market: market trading of molybdenum partial stalemate, product pricing vulnerable down, but volatility is not, and downstream inquiry motivation is low. Ferro molybdenum market transactions, fatigue, and more participants remain cautious, manufacturers intend the bargains. Weak end demand, trading atmosphere is hard to change. Expected short-term weakness in the molybdenum market or run.
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