Slumping demand, the tungsten market sentiment thicker

Tungsten market: tungsten smelter home started smoothly, little change compared with early, dragged down by weak demand, although customs duties and resource tax reform message has been officially released, but the market is still waiting to see the main businesses, tungsten prices and no significant fluctuations. Most manufacturers offer concentrated outside the mainstream in 12.4-12.5 yuan / ton (cash), 125,000 yuan / ton offer rarely heard, upper and lower limits of the relative price range last week slightly lower. Actual transactions, APT low turnover even 123,000 yuan / ton. Recent market sentiment thicker material ore prices stabilize or temporarily based.

Molybdenum market: manned cargo were reluctant to sell, the international molybdenum prices began to stabilize stabilized, while the domestic market is still a lack of positive support molybdenum, a limited boost to the abolition of tariffs, steel prices continue to depress the tender by the end of the market is difficult to improve.


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