With the New Year approaching, the tungsten market demand remained weak

Tungsten market: With the return of the spread of pan-Asian influence, APT manufacturers reduced the enthusiasm, continued weak downstream demand for alloy manufacturers, with the new year approaching, manufacturers are starting to shut down, some large tungsten steel scrap traders began earlier this week delisting rest, returned home Hebei, receiving traders reduced, leading to lower transaction tungsten steel scrap increased slightly, short-term stabilization of the mainstream material. Local traders receive better bulk and bulk slightly lower than the previous price.

Molybdenum market: downstream processing enterprises have to cover positions for the Spring Festival holiday, on the one hand required for normal production after the Spring Festival; the one hand, molybdenum prices hit bottom, holding small cargo risk, exploratory bargain Jiancang opportunity remain. Expected short-term price of molybdenum concentrate temporarily difficult to climb.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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