Tungsten Market lack of funds, operating businesses are not enthusiastic

Tungsten market: domestic economic environment continued to slump, lack of tungsten market funds, business operations are not active, despite the current market is still more inquiry, but the actual volume was light, the buyer continued to actively keep the prices down, the seller cheap goods will go low, The two sides deadlocked, the high cost of tungsten concentrate the stock market, low-cost shipping that is facing a loss, so shipments will hold stocks lower part of even still working capital, the desire to purchase low-cost supply, in order to lower the average inventory cost, lower loss. Mainstream waste tungsten market remains steady sidelines, despite the weakening of the business mentality, but the price is not strong willingness mostly, of course, no shortage of cash-strapped businesses part of low-cost shipping, expected short-term will continue to play tug of war between two or more in price.


Molybdenum market: many steel mills have announced the end of the bidding program ferro molybdenum products, higher business focus. Since the early favorable factors is weak, molybdenum steel product prices move could continue to support the strong side runs a greater impact on the market outlook. Participants maintained the sidelines, waiting for the steel recruit announced. Expected short-term molybdenum market or stable. Recent European molybdenum market prices continued to slow upward trend, due to the relatively strong downstream demand and existing businesses strong Italian Foreign reluctant to sell, supply and demand in a favorable situation, prompting rising product prices remain low. Participants ample confidence in the market outlook, the sale transaction process in the driving position, the latter still continue to enhance the space.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

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