Domestic demand continued to slump tungsten City, offer an overall decrease in overseas

Domestic Market: Tungsten City continued sluggish demand, tungsten smelters are not enthusiastic about home production, increased discontinued, tungsten market prices relative chaos, the actual transaction continue to decline. Tungsten is expected to post offer still gradually reduced, some manufacturers before the Spring Festival stocking January, spot transaction or a slight increase, but by a large number of stocks dragged down the price of tungsten is difficult to have a breakthrough.

International market: although Christmas is coming next week, but the overseas market is not as expected tungsten usher in a small peak before the holiday stocking, market demand continued to slump this week, tungsten-based pricing is also difficult to safeguard stability, on the 17th evening out the latest MB tungsten Department offer an overall decrease, especially paratungstate drop of up to $ 14 / ton degrees. Tungsten latest offer on the 17th as follows: ferrotungsten Rotterdam 34.4-35.5 down $ 0.125 / kg tungsten, paratungstate Hong Kong fell $ 14.5 300-350 / metric ton, 275-333 paratungstate Europe fell $ 13.5 / ton degrees.


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

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