Tungsten market continued weaker, slightly lower price

Tungsten market: tungsten market continued weakening, raw tungsten concentrate cargo shipping business increased willingness to hold the purchaser dominant ore prices were weighed again, price slightly lower, with the weakening of the powder market transactions, businesses cut prices wishes began to increase gradually reduced offer, given the current overall market weakness, the downstream waiting to see atmosphere, only part of the on-demand procurement, trading atmosphere deserted. This week or temporarily disadvantaged maintenance of stability, but later there is still a slight decline in danger.

Molybdenum market: Demand abnormal deserted atmosphere, the participants more to maintain the sidelines. Product prices tumbled, increasing the difficulty of manufacturers profit. Molybdenum concentrate much volume, some miners heavy cost pressure, the market outlook is expected to be pessimistic. Ferro Molybdenum high turnover difficulties, manufacturers of follow the market. Expected short-term molybdenum market or weak stability.


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