Tungsten City more sluggish demand, market bearish sentiment strong
- Details
- Category: Tungsten's News
- Published on Friday, 12 December 2014 14:04
Tungsten market: Tungsten City needs more sluggish market sentiment strong bearish, tungsten ore market demand continues to decrease, the year is approaching most businesses money tight, spot transactions difficult, prudent operation of the market. Ferrotungsten shelf increasing as the year draws near the downstream demand continues to slump, leading to lower prices ferrotungsten. Purchaser funding constraints, will purchase low and continue to suppress the inquiry, mostly interval low turnover, high post-market material or decreased.
Molybdenum market: ferro molybdenum price continue to fall, demand is low, manufacturers offer difficult to continue strong, once again lowered 500-1000 yuan / ton, and the most pessimistic market outlook expected. Waste molybdenum receipt intermediaries increased enthusiasm, but the market is limited low-cost resources, is expected to stabilize short-term market mainstream.
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