Tungsten Market demand for light, APT products are still unmarketable

Tungsten market: Tungsten businesses wait and see mood strong, the market demand is very light, APT product is still unmarketable, prices continue to fall, was inverted, smelters home production enthusiasm is not high, and more than 125,000 post-market quotations or less. Ganzhou Tungsten Industry Association and the China Minmetals were announced in May the average price of tungsten concentrates forecast, which predicted the average price of wolframite reported 86,000 yuan / standard ton, are steady last month, it is expected to short-term market or temporarily holding stability the Lord.

 
Molybdenum market: molybdenum mining costs rise, while price increases expected demand dragged down by the short term is difficult to achieve, downstream ferromolybdenum market remains in the doldrums, so the raw material businesses disappointed, continuous steel lower prices led to sluggish market participants confidence. Expected short-term market is hard to change the weak.


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