Tungsten demand remained weak, the majority of mines normal start

Tungsten market: tungsten demand remained weak, the majority of mines normal start, tungsten smelter home started to shrink, especially tungsten, iron, sodium tungstate fear factory operating rate of less than 10%, and because the demand for long overdue positive factors, the latter with the the weather turns cold, the market may again reduce operating manufacturers. Spot market with little turnover, tungsten many products have no market price, the late tungsten prices will continue to varying degrees or small drop. Tungsten steel scrap prices temporarily stable on the sidelines, the business mentality differences, there is a big gap between the actual transaction pricing and lower overall market volume, trading atmosphere deserted.


Molybdenum market: post-market trend remains unclear, limited supply downstream of the high recognition. Coupled with the fundamentals do not improve much happened, molybdenum products market rose blocked. Existing participants maintain the sidelines, but there are some differences of outlook expectations. Expected short-term molybdenum market or remain stable.



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