Low motivation tungsten market operations, business confidence weakened further
- Details
- Category: Tungsten's News
- Published on Tuesday, 19 May 2015 14:23
Tungsten market: demand has not yet improved tungsten, tungsten further weakening business confidence, low motivation operate, both by manufacturers offer relatively lower last week, spot market inquiry tungsten ore increased slightly, buyer continued down the inquiry, buyers and sellers inquiry and offer gap. Ferro-tungsten market price is relatively maintenance of stability, it is understood that 70 base ferrotungsten mainstream price 145,000 yuan / ton from top to bottom. This week tungsten prices decline or have different magnitudes, wherein the tungsten ore, tungsten, iron is relatively strong.
Molybdenum market: the market was scarce, the participants continued bad faith, despite the small mining stocks, but in the face of frequent price cuts downstream buyers requirements, pressure significantly. Lower consumption of raw materials is slow, cautious corporate purchasing, so the market is difficult to pick up the delay.
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