Tungsten market transactions scarce, international prices decline

Tungsten market: although tungsten market demand continued to slump, but hold stocks and smelters home loss shipments will not high, very price conscious increases, leading to the recent stabilization of the overall weakness tungsten prices. Because overseas tungsten concentrate market demand continues to slump, the CIS export prices decline further tungsten concentrate. However, spot market transactions are still scarce, and now the international tungsten concentrate prices continued to decline, the market outlook, the majority of buyers on the sidelines.


Molybdenum market: With the gradual rise in temperature, the atmosphere increasingly strong market downturn, the industry continued to decline enthusiastic trading, mining frustration, but do not want to follow the crowd, quote still strong. Ferromolybdenum cheap resources is gradually increasing, short-term market is expected to continue the trend of weak stability.



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