Traders reluctant sellers do not ship continued, tungsten market volume was light

Tungsten market: Scheelite traders reluctant sellers do not ship sustained, mining funds tensions eased, coupled ore price has dropped to the bottom of the APT and other downstream smelters home materials procurement will increase efforts to reduce lower prices, high-grade wolframite concentrate increased demand, more than 60 degrees wolframite inquiry slightly elevated. Waste tungsten market volume was light, the market stability maintenance; tungsten steel scrap prices still strong, and because less stock market liquidity, receiving difficult, traders were forced to compress profit margins, operational difficulties.

Molybdenum market conditions: pre-holiday trading atmosphere deserted, fewer market participants, downstream inquiry and buying enthusiasm are low, constant time delay before stocking plan, molybdenum concentrate spot market difficult to sell, ferro molybdenum price will continue to fall expected short-term market trend will continue Yindie.


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