With the New Year approaching, the tungsten market funds are tight
- Details
- Category: Tungsten's News
- Published on Wednesday, 17 December 2014 14:06
Tungsten market: With the New Year approaching, the entire tungsten market funds tighter, weaker demand: one downstream tungsten smelter home unmarketable products, financial stress and reduce the demand for tungsten ore materials; on the other hand, part of the mine or hold stocks of traders to ease the financial difficulties, and take the goods relatively positive. Turnover is still deadlocked this week, next week is expected near the end of the year, the volume of cash or slightly increased, but the price is hard to better.
Sodium tungstate market demand continues to slump, the market price relative chaos, foreign manufacturers offer more stability maintenance, the actual price continues to fall.
Molybdenum market: international market demand increased stocking turnover volume supported molybdenum prices rebound. Domestic market varies greatly, downstream processing remains cautious purchasing new mining enterprises face tight funding, markdowns continued, resulting in difficult market firm, expected short-term low molybdenum market steady.
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