Tungsten market continued to slump, closing difficult to obtain effective breakthrough

Tungsten market: tungsten market continued to slump, sluggish downstream demand carbide, tungsten market turnover difficult to obtain effective breakthrough, tungsten concentrate prices continued dropping tentative, tungsten powder and tungsten carbide market running low, the market generally pessimistic attitude, low-cost resources also will be gradually increased. However, the weak market, the downstream waiting to see atmosphere, the overall turnover difficulties. APT factory operating rate decreased, market prices continue to decline, smaller profit margins of manufacturers, the product is relatively slow-moving, with the raw material of tungsten concentrate prices continue downward, is expected to post 60 or tungsten concentrate prices are expected to fall below 95,000 yuan / ton.


Molybdenum market: Recently internal molybdenum prices of basic goods has touched bottom, but by the impact of unusual market trend, many participants did not dare to make a positive judgment on the outlook. External market appears positive signs, large manufacturers to improve product offer ferro molybdenum, quite obviously wishes the city, is expected to stabilize short-term molybdenum market or run based.



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