Tungsten Market guide price, higher than the actual price

Tungsten market: the current lack of demand, the tungsten market continued malaise, Minmetals June guidance relative to last month, down 5,000 yuan / ton, but still higher than the actual market price, currently 65 degrees wolframite mainstream price 79,000 yuan / ton, more than 80,000 quotations decreased, and shipments will hold stocks lower, downstream tungsten smelter family also purchasing enough positive cash turnover continued stalemate. Minmetals guidance is expected by the impact of sharply lower, miners confidence or weaker, or slipped ore price this week.

Molybdenum market: molybdenum concentrate and molybdenum markets remain range-low, deserted spot trading, highlighting the financial pressure. Market inquiry were scarce, at pincer attack financial pressure and lower demand, there is still downward pressure on prices. Expected short-term market will remain weak run, prices or slightly adjusted.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

• < Prev
• Next >