Cargo operators reluctant to sell, tungsten market turnover is still deadlocked

Tungsten market: With the return of the spread of pan-Asian influence, APT manufacturers reduced the enthusiasm, the downstream buyers are cautious procurement, APT foreign manufacturers offer a slight fall, the market is now rumored "State Reserve Bureau is about 15,000 tons of tungsten concentrate purchasing and storage" but has not been officially confirmed the authenticity of the downstream smelters family reported this rumor is still on the sidelines, which is rumored to current market stimulus is not large, but certainly more reluctant to sell goods holders, spot market transactions are still deadlocked. APT is expected in February focused on the mainstream market prices or 12.9-13.3 yuan / ton, little change.

Molybdenum market: This week is the last week before the Spring Festival should be centralized trading, current raw material market has fallen into a valley, the price decline, although not yet ended, but the rate has been relatively narrowed, expected before the holiday market is expected to stabilize operation.



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