Tungsten continued weak market demand, the market stabilized concentrate

Tungsten market: Tungsten continued weak market demand, tungsten concentrate more dominant buyer, the spot price of tungsten concentrates concentrated in the low range, some even slightly lower than the range of low-cost, although the current tungsten concentrate prices stabilized, but waste tungsten market sentiment remains pessimistic phenomenon downstream prices down more, plus part of the cargo operators Paohuo, expected late this week or will cut ore price 1000-2000 yuan / ton. Sodium tungstate demand continues to slump, smelter home started to shrink, the continuation of production of the factory is in strict accordance with the order, not much actual production of sodium tungstate mainstream market prices continue dropping.

Molybdenum market: Recently molybdenum concentrate prices remained stable, low-cost business goods will go low, and the supply and demand is less than the pre atmosphere. Ferromolybdenum market prices fell dark signs of lack of confidence in the business outlook. Other products are also relatively quiet market, price pressure is obvious. Expected short-term molybdenum market or weak stability.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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