Ferrotungsten increase production costs, demand continues to slump
- Details
- Category: Tungsten's News
- Published on Monday, 23 June 2014 16:12
Tungsten market: With the suspension of the application of Jiangxi Tungsten mining, mining reluctant sellers emotional thicker, ore procurement more difficult, increasing the cost of production of tungsten iron, ore smelters home forcing raise the purchase price, but demand continues to slump, tungsten, iron manufacturers enthusiasm low price or have slipped late risk. Tungsten ore traders procurement difficulties, funds set to die, operating dilemma sentiment doctrinal. Or mainstream tungsten concentrate prices are expected to stabilize this week, trading volume is still hard to have a breakthrough.
Molybdenum market: domestic and international market demand for molybdenum bleak, transaction prices are taking a downturn. Affected by macroeconomic developments and traditional industries limited period of adjustment, and molybdenum products industry supply and demand pressure. In addition, in recent years, the growth rate of demand growth was significantly lower than the supply, making the product price pressure increased. Expected short-term molybdenum market will continue to remain weak to run.
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