Traditional Spring Festival approaching, the tungsten market purchases more difficult

Tungsten market: With the Chinese traditional Spring Festival approaching, tungsten businesses generally considered after the tungsten market continues to rally, or Spring Festival, the downstream end of the alloy manufacturers stocking increase, coupled with the procurement of raw materials tungsten concentrate more difficult, and therefore some other tungsten APT goods shipped home smelter reduced enthusiasm. Tungsten steel scrap cargo operators, mostly in the hands of the high inventory, large traders to sell at a loss now wishes low price, wait until after the Spring Festival after the tungsten market, is expected to offer post-tungsten goods, or have a slight increase.

Molybdenum market: Chinese New Year approaching, steel demand quiet, although procurement frequency stability, but the number does not increase, the same light, chemical products, processing enterprises delayed stocking, generally lower prices, raw material of molybdenum concentrate prices Forced Yindie. Expected next week, the market is still difficult to climb.


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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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