Have reduced the market price of tungsten, ore prices hovering low

Tungsten market: tungsten Association yesterday afternoon, Minmetals, Jiang W tripartite announced November prices are down, tungsten Association guide price, as we did last month fell to 95,000 yuan expect / ton, the actual spot market 60 wolframite price concentrated in 9.1-9.2 yuan / ton, or expected short-term ore price hovering at 9-9.3 yuan / ton. Tungsten powder and tungsten carbide prices continue to decline, the market mentality is very pessimistic, most businesses have been reluctant to deal with the offer, the market increasingly strong bearish sentiment.

Molybdenum market: recent domestic molybdenum products market generally remained stable, increasing downstream tentative inquiry, but the actual number of transactions is still not ideal. More molybdenum and iron goods manufacturers go bad situation, and the price is not high willingness. Expected short-term market or the maintenance of stability-oriented, post may still be an occasion and a slight increase.


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