Tungsten market weakness steady, APT smelter difficult to take the goods home

Tungsten market: Tungsten Tungsten recent market weakness City steady, APT smelter difficulty walking home goods, tentative offer constantly falling, no significant improvement in market demand. Tungsten concentrate buyers and sellers deal stalemate, the purchaser down the inquiry, hold stocks for a time refused to cut prices, tungsten ore spot volume was light, then the Dragon Boat Festival is expected or still slipped after ore price risk, 60 wolframite or 7.3-7.5 yuan / ton. Tungsten concentrate in the short term, paratungstate market or slightly lower, but does not rule out the possibility of shock consolidation.

Molybdenum market: International Molybdenum market decline continues, the domestic raw materials market is still clouded, manufacturers pessimistic attitude, wait and see mood to heat up. Ferromolybdenum market volume was light, the overall inventory is acceptable, but offer more confusion, the level of co-existence, is expected to short-term domestic molybdenum market continued weak run.



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