Tungsten ore traders lack of confidence, liquidity pressure

Tungsten market: tungsten ore traders lack of confidence, liquidity pressure, shipments will increase. However, final demand is not good, prudent tungsten smelter home operation, strict control of raw materials and product inventory, purchasing Scheelite intention is not strong, and continue to suppress the inquiry, post-tungsten ore market price or steady small drop. Ferrotungsten downstream market demand remained weak, high-speed steel, special materials are rarely smelter recently purchased home, leading manufacturers in recent months ferrotungsten active low, the market overall operating rate. Short-term market is expected to temporarily difficult to improve.


Molybdenum market: internal and external hard molybdenum product prices continue to advance, product prices blocked. Demand failed to follow up, watching the sale thicker atmosphere. Business activity is not high, poor cash flow, lack of positive factors outlook, market uncomfortable boost. Expected short-term or temporary weak molybdenum market stability.



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

 

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