Tungsten is not optimistic about the market demand, prices stable and slightly weaker

Tungsten Market Quotes: From May 1, 2015, the rare earths, tungsten, molybdenum resource tax amount levied by the change from ad valorem, and in accordance with the principle of no increase in the corporate tax rate be reasonably determined. Tax reform policies in this series a little support to the tungsten market, but the actual demand is still not optimistic, the recent tungsten price remains stable and slightly weaker, but the decline narrowed.

Molybdenum market: International Molybdenum market shock run, the domestic is still in the doldrums, some products fell again, wait and see mood in the industry continues to heat up. Molybdenum concentrate prices lower voice diminished, the miners very price weakness. May Day holiday approaching, the downstream demand is still not busy, expected weak short-term market stability.


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