Reluctant to sell tungsten market sentiment strong, shipments will reduce

Tungsten market: although tungsten ore prices continued to run low, but reluctant to sell goods holders sentiment strong, shipments will reduce 60 degrees wolframite or maintenance of stability in the 7.6-7.9 yuan / ton range. Although the majority of domestic tungsten iron smelter shutdown home and export less, tungsten, iron overseas market is still oversupply, overseas tungsten iron prices are lower pressure. Expected to hold stocks since shipments will lower, and the high cost of production support, price or temporarily stabilized.

Molybdenum market: New Year's Day three days remaining before the holiday, there will be no significant increase or decrease in market transactions, financial tensions holiday market or will be alleviated to some extent, but not good enough to support the stock market can be reversed, so the adjustment will remain weak late mainstream trend.


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

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