New Year approaching, the tungsten market liquidity tight

Tungsten market: Year approaching, market liquidity tight, tungsten smelter home production enthusiasm is low, more money in the chase, foreign offer basically unchanged from last week, but the turnover or slightly Yindie, and turnover is rare. Ferrotungsten overseas market is still oversupply, overseas tungsten iron prices are lower pressure. It is understood, APT market has now 125,000 / ton low inquiry, the mainstream market quotations have fallen below 130,000, is expected to continue light of recent market transactions or prices Yindie.

Molybdenum market: new environmental laws will be formally implemented, steel and metallurgy industry is facing rising costs, processing costs in molybdenum occasion serious upside down, investors worried about sentiment, is expected to stop production of primary molybdenum tide or surge in the next year, when the market is expected to improve.



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