With the New Year approaching, tungsten City weakening demand

Tungsten market: With the New Year approaching, the downstream manufacturers stocking basically completed, tungsten smelter shutdowns also went home, tungsten City weakening demand, traders operating increasingly cautious, tungsten price or have minor adjustments, mainstream stabilized. Tungsten, tungsten products and other manufacturers are busy with production orders, and now basically have to queue up orders, coupled with raw materials have been rising recently tungsten concentrate, therefore tungsten, tungsten rods and other price by the cost of support and a slight compensatory growth is expected after the rise, before the Spring Festival, or stabilization of the main.

Molybdenum market: International ferromolybdenum prices stumble endlessly, traders confidence continued frustration. Domestically, ferro molybdenum market is still an imbalance between supply and demand overall resource consumption too slow, molybdenum concentrates have also been bottom price, the market is expected to weaken the pace of short-term fear is still difficult to stop.


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

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