Tungsten Market demand remained weak, thinly traded
- Details
- Category: Tungsten's News
- Published on Wednesday, 03 December 2014 14:03
Tungsten market: Tungsten City continued weakness in demand, the market volume was light. Tungsten smelter home production enthusiasm is low, raw material procurement especially cautious; tungsten powder smelter home production enthusiasm is not too high, a further drop in the price of powdered sodium tungstate market demand continues to be light, strong factory very price conscious, offer phase change from last week small, tungsten ore businesses wait and see mood strong, multi-guided introduction to wait in December; guided or expected to continue to decline in December, wolframite guided or dropped 90,000 yuan / ton.
Molybdenum market: ferro molybdenum market can still be traded, the downstream demand is still some support, merchant trading enthusiasm high relative to other species, mostly concentrated in the cash price 88,000 yuan / ton, the market mentality still expected short-term steady mainstream .
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