Sluggish demand both inside and outside, tungsten market upward lack of support

Tungsten market: both the current sluggish external demand, the tungsten market upward lack of support. Recent internal tungsten prices or weaker, but the cost aquiline, businesses lose money cheap shipping will not high, short-term hold stocks or hold stocks wait and see, exercise caution. Tungsten ore market running smoothly, traders reluctant to sell emotions rich, multi-select hold stocks wait. Tungsten scrap market's recent trading performance is also poor, the business mentality is more confused, and some pessimistic expectations, it is expected that short-term shortage of scrap tungsten prices steady decline is possible.


Molybdenum market: price declines slowed, but no post-market bottomed signs. More participants to maintain the sidelines, external offer temporary stability. However, due to little change in overall demand, supply and demand pattern is still unfavorable trend is expected to continue short-term bottom molybdenum prices will stabilize product trends.



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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

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