Tungsten Market temporarily disadvantaged steady, end demand continues to slump

Tungsten market: New Year's Day after the tungsten market temporarily disadvantaged steady, end demand continues to slump, tungsten smelter home more cautious, tungsten ore spot market transactions scarce, businesses mostly watching the market price significantly confusion, waiting guided and pan-Asian action, rarely traded spot market, dragged down by the transaction difficulties, tungsten powder difficult to take the goods market as a whole, prices are still slow down, home smelter production enthusiasm is low, this month will come shutdowns are expected to last two days interval low part of tungsten or small drop.

Molybdenum market: Although New Year's domestic molybdenum market funds face is still tight, but the price decline gradually narrowed in the price of steel has begun to stabilize, hold stocks inventory costs hanging highlight the weak outlook is expected to stabilize or to run.


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