Tungsten demand continues to slump, the market price underpowered
- Details
- Category: Tungsten's News
- Published on Friday, 21 November 2014 14:29
Tungsten market: Tungsten demand continues to slump, transactions scarce, the market price underpowered, today the entire tungsten market temporarily disadvantaged stability maintenance, but still take advantage of the decline continue to suppress buyer inquiry, late, or may still continue to decline. Given the recent tungsten ore and other raw materials prices continue to decline, powder market temporarily difficult to get rid of the weak, factory operating rate temporarily remain low. Tungsten manufacturers are hovering at the edge of the cost line, survive the difficulties, the recent increase in tungsten smelter shutdown home, tungsten iron manufacturers who continue in less. Expected short-term tungsten City no positive support, tungsten prices rose or difficult to rebound.
Molybdenum market: domestic molybdenum commodity markets recently running stable, external molybdenum goods prices increased slightly, the local transaction prices of some products tentatively raised. Hope molybdenum concentrate businesses rose eager, lower foreign willingness to continue to take the goods cheap and stable level of actual transactions. Molybdenum iron turnover has not been a big bang, waiting for the end of the steel business move appears. Expected short-term molybdenum market or stable.
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