Tungsten Market Inquiry increased spot purchases difficult

Tungsten market: by the strong influence of the raw materials market, increased market inquiry tungsten ore, tungsten hot money actively enter the market, spot purchases difficult, downstream APT family and other supplementary materials smelter difficulties ore prices slow up, the middle traders operating difficulties, and with the passage of time, traders wait and see the rest of the more reduced market activity is expected to recent price of tungsten ore or concentrate on the high range.

 
Molybdenum market: CITIC molybdenum iron tender to 79,000 yuan / ton, below the 80,000 mark, institutions pessimistic molybdenum prices, raw material prices fell due to the market, volume was light, short-term molybdenum prices continue to decline.



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