Tungsten market activity decreased smelter suspend production increase

Tungsten market: With the raw tungsten concentrate prices continued to decline, tungsten market activity decreases, tungsten smelters stopped production increase will reduce foreign quote, tungsten end demand has not yet improved, coupled with the impact of foreign low-cost supply into the domestic market traders operate low motivation. Expected to enter July, the tungsten market into the traditional off-season, the price of tungsten or continued to hover in the low, tungsten, or the spot market traded stalemate continued.
 
Molybdenum market: International Molybdenum market appeared to stabilize the situation, however, is difficult to predict the impact on the market outlook, the domestic molybdenum prices more on the sidelines. Quote inability to adjust, molybdenum oxide, molybdenum concentrate market is quiet, traded weak, molybdenum iron also increase the difficulty to take the goods. Currently molybdenum market prices is not optimistic, expected short-term will continue to weaken.

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