Close of the year, the tungsten market demand weakened

Tungsten market: Close of the year, cash poor way, tungsten iron manufacturers funds more tense, even down to return the funds to continue to offer profit sharing, tungsten demand weakened, powder smelter home to take the goods into difficulties, tight liquidity difficulties, home smelter shutdown / production increases, tungsten powder product price constantly Yindie native tungsten price has been fully below 220 yuan / kg, the material is still slightly lower risk of late.

Molybdenum market: molybdenum chemicals to maintain 5% export tariff unchanged, due to cost reduction difficult, international competitiveness of domestic producers can not increase,

but the abolition of quotas for exports provided a good opportunity for domestic molybdenum chemicals export channels will be gradually opened. Short-term market is expected to continue to remain stable trend.


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Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

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