Reducing the tungsten market demand, buyers continue to suppress inquiry
- Details
- Category: Tungsten's News
- Published on Wednesday, 12 November 2014 14:08
Tungsten market: continuing weakness in the market due to the recent downward tungsten concentrate, powder market pessimism hard to dismiss, reduce tungsten ore market demand, buyers continue to suppress the inquiry, with the sharp decline last week guided this week, the price of tungsten-based products gradually lowered, and by a big margin, the market still inquiry, but buyers see market continues to weaken and temporarily sidelines, less the actual transaction, after the decline, today the price of raw materials or relative stability maintenance, post-tungsten prices still consolidation downside risk.
Molybdenum market: This week less domestic demand for molybdenum products, businesses less than the pre-activity. Molybdenum concentrate, molybdenum, iron, and other manufacturers to maintain the old customer-oriented supply, lack of new orders. In addition, due to the low prices, manufacturers are not enthusiastic, increased maintenance shutdown. Expected short-term molybdenum market or silence.
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