Tungsten see-saw market buyers and sellers, price bias buyer

Tungsten market: tungsten downstream demand continues to slump, tungsten-based products do not sell on price, tungsten ore raw material procurement side continued down the inquiry, to avoid upside down and get small profit, the tug of war buyers and sellers prefer buyer price, spot price constantly Yindie expected short-term ore price stability maintenance or vulnerable, but low or slightly dropping. Overseas APT quotation rebound, latest MB British Metal Bulletin latest offer in a high increase of $ 10 paratungstate Europe 215-230 up $ 5 / metric ton. Short-term domestic APT price or stabilization.

Molybdenum market: domestic and foreign market performance deadlocked, the price falling risks remain. Although steel procurement ferromolybdenum market, it is difficult to drive the market enthusiasm, turnover is not ideal, the weak downstream demand has not improved, the market outlook bearish; molybdenum chemicals market is facing money withdrawn from circulation more difficult, more consumption of inventory-based. Difficult short-term market is expected to turn for the better, the decline difficult to cut.

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