Tungsten demand continues to slump, the market overall pessimistic attitude
- Details
- Category: Tungsten's News
- Published on Tuesday, 04 November 2014 13:57
Tungsten market: Tungsten City demand continues to slump, due to the guide price to be announced in November, tungsten concentrate prices being weak stability, APT, tungsten powder prices continue to fall, the cash turnover continued light, tungsten scrap prices continue to fall, the overall market sentiment pessimistic, holding the goods will ship strong, but not to force the downstream demand, the overall turnover in the doldrums, low-cost resources endless, difficult market stabilized. Businesses pessimistic attitude, trading and quotation wishes are weak, expected short-term market extended losses tungsten City.
Late molybdenum market: External molybdenum market rebound, but later many uncertainties, many businesses maintain the sidelines, cautious attitude darker. Molybdenum domestic market generally calm, poor trading atmosphere, some cargo operators reluctant to sell Italian concentrated. Expected short-term molybdenum primary market or stalemate stability maintenance, limited product price volatility.
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