Tungsten market remains in the doldrums, prices approaching the cost line

Tungsten market: tungsten market remains in the doldrums, with raw material prices continue to decline, the downstream market prices also went down, carbide end demand weakened, leading to APT, tungsten powder, tungsten smelter operating conditions at home again compressed, better channel manufacturers have orders, but the current price is approaching the cost line. Some small manufacturers greater pressure to survive, expected late midstream tungsten prices may gradually lowered slightly.

Molybdenum market: External molybdenum prices greatly improved, mainly by traders to buy the hype as well as downstream intended to improve, driven by natural market outlook divergence, the market outlook is unknown. With internal molybdenum prices rose slightly, but prices continue to rise power is not strong. Expected short-term molybdenum market or generally stable.

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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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