Tungsten Market demand is not ideal, the market traded deserted
- Details
- Category: Tungsten's News
- Published on Wednesday, 15 April 2015 15:01
Tungsten market: weak demand for tungsten, tungsten serious unsalable goods, raw material suppliers will ship cargo hold of tungsten concentrate increased, but the purchaser continued down the inquiry, currently 60 degrees scheelite actual price has fallen below 80,000, the material Late 50-60 degrees scheelite mainstream prices or reduced to 7.6-7.8 yuan / ton. At present, foreign demand for tungsten is not ideal, the market traded deserted. Overseas buyers are expected or intended to reduce purchases in April, May and then wait for the shot.
Molybdenum market: The market is still in a recession, shrinking trading molybdenum concentrate, financial pressure is not strong desire of mine to ship, sell mentality strong. With the completion of the tender and medium-sized steel mills, iron molybdenum demand decreases. Short-term market is expected to continue weakening operation.
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