With the Spring Festival approaching, reducing tungsten market demand

Tungsten market: Despite With the Spring Festival approaching, the downstream tungsten smelter shutdown home mostly to reduce the demand for raw materials tungsten concentrate, but by last weekend raised the support price guide, tungsten concentrate more reluctant to sell goods holders do not sell, stock market almost buy tungsten concentrate ore price relative was up. European tungsten market gradually stabilized stabilized, mainly because the traditional Chinese Spring Festival approaching, tungsten smelter home gradually discontinued, no shipping, paratungstate Europe but raised the price $ 10 / metric ton. European mills by the end of January ferrotungsten contraband sent to the purchase price of $ 33 / kg.


Molybdenum market: by TISCO in the price higher than the market expected and mining stocks lower pressure and other factors support, molybdenum concentrate prices stabilized stabilized, especially in the larger mines Luanchuan area began tentatively to raise prices, although currently there is no high turnover However, the market price of mentality quite prominent.



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