Tungsten market continued lower, prices stabilized difficult

Tungsten market: tungsten market continued lower, tungsten concentrate has accumulated so far down a lot, downstream manufacturers are starting to see the exact price and purchase the right amount of some raw materials, tungsten ore spot market turnover is relatively slight increase last week, but the transaction price much lower, post-ore price or slightly downward adjustment. Under its influence, scrap tungsten market mentality is hard to change pessimistic serious downstream lower prices, while strong willingness to hold stocks Paohuo, it is more difficult market stabilized, prices continued to move closer to the low overall volume in the doldrums. Or ore price outlook is expected to still lower risk.

Molybdenum market: molybdenum commodity prices generally remained stable, businesses remain cautious wait and see stance. Without significant changes in downstream demand, market lacks upward momentum. In addition, the lack of market outlook favorable factors guidelines, businesses faced with a dilemma. Expects little change in short-term molybdenum market.


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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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