The weather turns cold, increased tungsten mine shutdown

Tungsten market: the weather turns cold, mine discontinued increase, coupled with the introduction of some new capital investment in the mine, they will not lack of funds, so in the moment ore prices almost bottomed out, reluctant to sell mine darker emotions, and offer more strong, buyers and sellers on the prices continued stalemate, the overall stock market volume was light, because the materials tungsten concentrate prices continue to decline, the market outlook is uncertain, so the tungsten scrap traders cautious, low market activity, watching the atmosphere rich. Ore price or expected short-term stabilization.

Molybdenum market: New Year's Day approaching, market participants are mostly uninterested, some just need to repeatedly postpone buying, etc. For the next week and then determine whether to cover short positions, showing that the market fears darker. Short-term market is expected to remain stable temporarily sidelines pattern.


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