With the advent of the traditional Spring Festival, the tungsten market activity low

Tungsten market: With the advent of the traditional Spring Festival, APT, tungsten powder smelter home or stop offer, or discontinued, the demand for raw materials Scheelite also not so urgent, so the actual price of tungsten concentrate and not with the guidance prices increases in gains. Tungsten market trading little low market activity is expected this month or mainstream wolframite ore price stabilization, spot purchases difficult, ore price hovering at 85,000 yuan / ton.

Molybdenum market: Near the weekend, the market somewhat quiet, pre-holiday trading is basically drawing to a close. Volatility of raw materials gradually narrowed, mining stocks diminished this week, a slight return of capital. Bidding is still in a weak steel, the end of long and short messages coexist expected recent market will become more stable.



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