Lack of confidence in the tungsten market, sales of both weak

Tungsten market: Tungsten terminal needs no breakthrough, downstream tungsten spot transactions difficult, intense price competition, the range offer low or dropping tentative. Carbide products poor sales this year, and its price has been falling, suppress the rise in the price of tungsten powder to some extent. In addition, due to the current market APT inventory is relatively large, slow pace in sales, manufacturers slowed purchases of raw materials, tungsten concentrate turnover is also weak. Currently, the market turnover of 65% tungsten concentrate very little turnover of 50-60% tungsten concentrate prices being stable. Overall, the lack of confidence in the market, two weak sales.

Molybdenum market: Easter has passed, international molybdenum market recovery quote, however, affected by the lack of demand, prices continued to show a decline. Domestic price also low, the industry mostly bearish, operating actively decreased, short-term market is expected to remain weak.


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