With the guidance lower, tungsten bearish market sentiment strong

Tungsten market: With the guidance lower, tungsten market demand remained weak, the market sentiment strong bearish, tungsten smelters were forced to offer lower again, native low tungsten prices have dropped 190 yuan / kg, expected late actual transaction or fell to 190 or less. Wolframite 86,000 yuan / tonne mark, APT13.3 yuan / ton, the particles 215 yuan / kg. Weak market conditions difficult to improve or continue to run low.

Molybdenum market: ferromolybdenum market upside down severe cost pressure on the stock began to increase funding dilemma gradually weaken confidence manufacturers, bulk transaction rather unusual, retail occupy the mainstream market. Expected short-term market still weak.


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