Tungsten Market strong bullish sentiment, but reluctant to sell goods holders
- Details
- Category: Tungsten's News
- Published on Wednesday, 21 January 2015 14:19
Tungsten market: Tungsten bullish market sentiment strong, but cargo operators reluctant to sell, and no non-cash shipments of raw materials tungsten concentrate market was particularly evident with the recent warming trend, some traders even bargain now hoarding tungsten mine, smelter downstream home also intends to purchase part of the reserves of raw materials, market inquiry purchases increased. Some, such as tungsten APT smelter family funds still not in place, the actual turnover is still small, is expected in the short term or ore prices stable and strong.
Molybdenum market: raw materials market movements slow, with little bulk transaction occurs, mining companies offer steady weakening downstream buyers hold stocks in order to avoid the risk, continue to reduce production costs and further depress purchases psychological level. Short-term market is expected to continue weakening operation.
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