Tungsten sluggish market demand, prices continue to fall

Tungsten market: tungsten ore market continued sluggish demand, high-grade tungsten ore less market liquidity, so the price is relatively weaker, more circulation of 50-60 degrees tungsten ore, inquiry was substantially down, prices continue to fall, now close to the bottom , expected December ore price difficult to improve. Waste material grinding tungsten market demand is very poor, also difficult to take the goods, the buyer is more dominant, continue down the inquiry, December more reluctant to sell the sidelines looking in January demand breakthrough.

Molybdenum market: Weekend International Molybdenum City show gains, boosted by the domestic market sentiment slightly, some large manufacturers desire to raise prices, but the current price is still steady mainstream, prices will significantly weaken the domestic market is expected to short-term basic bottoms, still rise remains to be seen.


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