Tungsten Market volume was light, the buyer suppress inquiry
- Details
- Category: Tungsten's News
- Published on Thursday, 20 November 2014 14:13
Tungsten market: After a few days short of tungsten ore trading, tungsten ore spot market turnover has more stalemate, buyer suppress inquiry, the seller wishes to sell at a loss low market volume was light, since tungsten concentrate prices fell again, scrap tungsten steel business mentality pessimistic, low price continued to move closer. Down market, the downstream recovery wishes weak, lower prices is serious, expected later this week or temporarily disadvantaged tungsten concentrate price stability maintenance.
Molybdenum market: External molybdenum market today appear good turnaround, while domestic mills at the end of the tender is also approaching. By stimulation of an existing product prices low, the business mentality of hope rose eagerly, some manufacturers offer primary market molybdenum signs of a slight increase. Expected short-term molybdenum market stable, post or minor fluctuations possible.
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