National Day holiday approaching, the tungsten market vulnerable stability maintenance
- Details
- Category: Tungsten's News
- Published on Monday, 29 September 2014 13:40
Tungsten market: the National Day holiday approaching, the maintenance of stability of tungsten concentrate prices weak, the market still has no market price, the only inquiry will rise as tentative. Strong willingness to hold cargo shipping business, but the buyer continued to lower prices, buyers and sellers stalemate turnover difficulties. And because of increased environmental rectification efforts, APT, tungsten, tungsten chemical sodium smelter production decreased enthusiasm, coupled with continued weakness in downstream demand, the overall market malaise. Domestic tungsten market before the holiday is expected to continue weak run, prices or temporarily stable sidelines during the holiday season.
Molybdenum market: External molybdenum prices sharply lower trend continues, the market did not bottom out signs of stabilization, businesses still pessimistic on the outlook, the price pressure is heavier, the latter may still falling. Internal market is relatively quiet, pre-holiday business Qiuwen strong mentality. Expected short-term or temporary internal molybdenum market remained stable.
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