Loosening of export policy, tungsten market prices stabilized

Tungsten market: tungsten and molybdenum absent "in 2015 the total export quotas for agricultural and industrial products", tungsten and molybdenum export quota system or the end of 2015 will be formally, but export quotas normal relaxed, loose means that Chinese export policy, businesses expect late export tariffs also decreased. This downturn in the export market has played a boost, especially tungsten iron traders, slightly active mind, coupled with the recent tungsten iron smelter shutdown, better home, expected short-term price of tungsten, iron or stabilized, the weak stability maintenance.

Molybdenum market: difficult to boost internal business mentality, and more follow the market operation. However, with the increase in terms of capital and other pressures, some businesses go cheap foreign goods. In addition, the downstream demand is still deserted, trading atmosphere cross light, adding to the business outlook pessimism. Expected short-term molybdenum prices clunker.


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