Tungsten watching the market sentiment relatively strong, short-term market to stabilize the main

Tungsten market: the National Day holiday approaching, some businesses have returned, market transactions decreased motivation, quote adjustment underpowered. Tungsten steel scrap market transactions deserted, due to low prices more resources, the overall market remained weak. Minmetals and other institutions in turn guided announced in October, the current stock market is still at a high tungsten concentrate, while the downstream demand is stagnant oversupply obvious short-term market is expected to stabilize the main.


Molybdenum market: mills tender price level is lower than expected, the lack of favorable factors venue, large foreign manufacturers offer also has some down. Participants pessimism heavier, low turnover are frequent. However, the downstream willingness to buy is not high, turnover remained deadlocked. Molybdenum market before the holiday is expected weak stability, holiday or still may fluctuate.



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Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

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