Tungsten market liquidity tight, cautious buyers and sellers operate
- Details
- Category: Tungsten's News
- Published on Monday, 08 December 2014 14:08
Tungsten market: Tungsten tighter market liquidity, both buyers and sellers operating cautious market sentiment strong tungsten concentrate, APT, such as tungsten smelter near future are not cash, is still outside the inquiry, however Scheelite hold stocks of non-cash no shipping, spot little turnover. Waste tungsten fast cash in circulation, coupled with the large traders in the hands of large quantities of goods difficult to walk, and the prices continue to decline, small traders operating cautious by sluggish demand and funding constraints double oppression expected tungsten concentrate prices will continue to fall, late tungsten price or continue to decline.
Molybdenum market conditions: low molybdenum concentrate prices steady, ferro molybdenum price continued to drop, steel procurement prices down significantly, resulting in strong market difficult. Waste molybdenum recovery more difficult, buyers and sellers are inconsistent psychological level, the overall turnover handful. Short-term market is expected to remain stable and weak.
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