Tungsten market continued weak demand, sentiment doctrinal

Tungsten market: Despite the relatively low intensity tungsten mining, mining continued to be reluctant to sell, but the downstream consumption remained weak, tungsten concentrate price increase fatigue. Tungsten ore prices expected to post or to stabilize, or even slightly lower steady possible. Due to continued weak market demand, combined with the summer holidays approaching, tungsten, iron smelters stopped production increased equipment maintenance.

Business for September and October markets also have expectations, sentiment doctrinal expected to nearly two months ferrotungsten prices steady consolidation.

Molybdenum market conditions: molybdenum concentrate market was deadlocked, the sale of a dilemma; near the end of ferro-molybdenum steel will be centralized procurement volume will be enlarged. However, the weekly spot market transactions scarce, prices vulnerable to adjust the pattern unchanged. Deepening industry demand season, increasing the difficulty of business operations, expected short-term outlook is favorable or difficult to perform well.

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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