Tungsten continuing weakness in market demand, waiting to see atmosphere

Tungsten market: no significant improvement in market demand, the downstream demand continues weak,Watching the market atmosphere. As temperatures gradually rise, tungsten market has gradually entered the off-season, an increase in tungsten mine shut down, tungsten, iron, tungsten smelters reduced production enthusiasm home, currently about 20% tungsten iron smelter home operating rate is expected to present tungsten prices or still can not stop down plate steady, late or are still downside risks.

Molybdenum market: market weakness collective performance, volume was light, summer is approaching, whether from the production or supply and demand conditions perspective, the market seems to have stabilized difficult, now supported by the cost pressures, decline to suspend, molybdenum market entered a consolidation phase.

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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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