Tungsten market volume was light, strong bearish sentiment

Tungsten market: Downstream Carbide factory operating rate is not high, the manufacturers of tungsten steel scrap purchase intention is not high, APT, tungsten powder smelter possessions energy release rate is too low, so the raw material consumption of tungsten concentrate slow, plus the history of tungsten ore inventory pressure, the spot market volume was light, leading to fatigue ore price rise. Traders lack of confidence in the bearish market sentiment strong, post material or slightly lower.

Molybdenum market: recent international molybdenum market as the midday summer continues to heat up the water in general, stimulate domestic molybdenum market mentality better, the market became active,

molybdenum iron merchants hope rose aversion, molybdenum mine is slightly better confidence in the cargo hold. Short-term market stable and inflation is expected to run. According to industry insider said that the recent State Reserve Bureau are discussing matters again Shouchu molybdenum, molybdenum domestic free market supply is relatively tight spot, once implemented, will boost the purchasing and storage or molybdenum price surge.


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