Tungsten market funds increased pressure, the business mentality of the obvious differences
- Details
- Category: Tungsten's News
- Published on Tuesday, 29 July 2014 13:57
Tungsten market: market funds at the end of pressure increase, the business mentality is also obvious differences, some shippers shipping prices, but still very price stability, weak overall market stability, market of tungsten concentrate market is still continued weak, downstream demand is not optimistic about the overall. It is understood the smelting ferrotungsten manufacturers most has been discontinued, the manufacturer of APT for all the normal production, APT manufacturers in order to reduce the cost as far as possible with lower grade ore, because this week tungsten and tungsten chemical products prices fell again, powder business mentality will be further weakened, price started to drop, expected short-term hard to change the weak pattern.
Molybdenum market: external molybdenum products market began to decline, the downstream steel production vacation, demand remains low, businesses or wait and see. Internal molybdenum products quotation ascribed blocked, participants a price weakness. However, steel action continues, businesses offer partial strong, sale stalemate. Expected short-term molybdenum or stability.
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