Tungsten Market feeling of insecurity, prudent business operations
- Details
- Category: Tungsten's News
- Published on Friday, 28 November 2014 14:06
Tungsten market: although the current price of tungsten concentrate stabilized, but tungsten steel scrap market is still relatively weak, the downstream prices down, hold stocks hardly strong, prices continued kicked upstairs. This week an agency to waive APT, this would lead to weak demand for tungsten market feeling of insecurity, businesses operate more cautious, rarely traded stock, in addition to the old supply customer orders, APT prices were slightly lower. Sodium tungstate market demand is low, in order to maintain the old smelting long multi-customer oriented, to market ability, and start reducing the number of manufacturers are still slow.
Molybdenum market: businesses hope molybdenum concentrate is expected to rise blocked downstream of the high-priced supply of low recognition, resulting in the actual transaction price level loose. The number of end mills less tender, molybdenum iron market is also difficult by strong support. Other participants continued to hold stocks to watch, do not change the psychological care. Expected short-term molybdenum market or weak stability.
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