Tungsten prices continue to decline, market demand weakened

Tungsten market: tungsten prices continue to decline, the market demand continues to weaken, tungsten smelter home will reduce foreign quote, market turnover is very light, tungsten ore prices temporarily stabilized, but tungsten powder products continue exploratory interval low or dropping. Raw materials such as sodium tungstate downstream market downturn, with the end of the season, downstream manufacturers increased maintenance shutdown in advance, so that the needs of the poor of sodium tungstate on market demand less and less demand for tungsten steel recent iron smelter walking home goods difficulties ferrotungsten thinly traded market, the price is relatively confusion.

Molybdenum market: week 60 molybdenum iron mills acceptance purchase price has been reduced to 8.4-8.45 yuan / ton, the corresponding net cost of molybdenum concentrate in 1200 yuan / ton level, therefore, must not exceed the purchase price of plants this price, or face upside down. Expected short-term market will continue weak run.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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