The advent of the summer season, continued weakness in the tungsten market
- Details
- Category: Tungsten's News
- Published on Friday, 04 July 2014 15:59
Tungsten market: With the advent of the summer season, moved into the summer break abroad, foreign orders declined export enterprises, coupled with continued weakness in the domestic market of tungsten, tungsten market this week, more depressed, very strong emotional traders reluctant to sell, and ask for more cash transactions, Transaction deadlocked; buyers buyers have inquiry but two days is not the actual procurement initiative, expected short-term price of tungsten or slightly lower after another in varying degrees. Tungsten prices steady weakening, but very price will remain part of the business is strong, steady watching the majority. Short-term market is expected to stabilize or temporarily sidelines.
Molybdenum market: prices continue recently deserted external molybdenum products, product prices failed to climb, business expectations for the market outlook is poor, the operation will to subside. Temporary holding stability of molybdenum market, product price declines slowed, but the actual transaction poor condition. Supply and demand partial stalemate, lurkers increased. Molybdenum market or expected short-term continuation of bottoming market.
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