Tungsten tight market liquidity, the lowest cash transactions

Tungsten market: tungsten ore prices continue to be suppressed, the market is very tight liquidity, lower cash transaction price, then the downstream smelters home by sluggish demand and lack of funds the dual constraints, weaker demand for raw materials tungsten concentrate, due to raw material and capital market downturn tension, APT manufacturers operating actively reduced, or difficult trading conditions are expected to improve APT, still lower price possible. Tungsten ore spot thinly traded, some hold stocks even suspend foreign quote, resulting in the price of tungsten ore market is relatively chaotic, post-market remained weaker material.

Molybdenum market: ferro molybdenum market trend slightly firm, 60 ferromolybdenum cash offer 86,000 yuan / ton decrease, 88000 offer correspondingly increased, but the actual transaction Write better, mainstream is still concentrated in the vicinity of 87000, the business very price slightly enhanced awareness. Short-term market is expected to steady


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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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