Tungsten market volume was light, the main market or temporarily holding stability

Tungsten market: policy favorable factors increase this month, but no significant improvement in downstream demand, two days tungsten businesses wait and see mood strong, more waiting guidance issued smelter home ship upside down enthusiasm is not high, the market volume was light, and the prices or temporarily holding stability based. APT has warmed up the domestic market this week, according to domestic suppliers to increase the offer price of raw materials. However, compared to the previous offer appear export prices fell, export market competition, foreign customers lower prices again, the lower part of the transaction price.

Molybdenum market: International Molybdenum prices continue to decline, although the export tariff is already canceled, but the domestic price is higher than abroad, inhibiting the release of export demand, domestic oversupply situation is difficult to improve the short-term, expected early market still weak.


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