Tungsten Market volume was light, the more sluggish demand

Tungsten market: Today tungsten market volume was light, and the prices temporarily to smooth the main, increasing demand for tungsten concentrates was no positive factors, but with the acquisition of APT's Pan Asia near the end, the latter's demand for raw materials tungsten concentrate more depressed, tungsten concentrate mainstream market is still weak. Waste tungsten market sentiment is still pessimistic side, low-cost ship strong, the overall market remained weak. Recent market mainstream tungsten concentrate is expected to remain weak.

Molybdenum market: domestic molybdenum commodity prices were slightly down, less downstream demand, foreign mining companies to take the goods slightly passive. Part of the goods will go lower cargo hold businesses choose to wait and see. Ferro Molybdenum steel manufacturers wait tender appears, offer little change. Expected short-term molybdenum market or still vulnerable steady.

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