tungsten City in the traditional off-season, further weakening demand
- Category: Tungsten’s News
- Published on Tuesday, 15 July 2014 14:11
Tungsten market: With the advent of off-season, European companies to enter the summer break, further weakening demand, some manufacturers because of lack of motivation and offer flat price adjustment, some manufacturers cut prices slightly difficult domestic tungsten concentrate prices also strong, tungsten chemical products downward trend , along with scrap tungsten business mentality differences, very price and pessimism coexist. Currently the market is still a certain demand, but the poor performance of the overall turnover is expected to more than short-term waste tungsten market will continue steady sidelines.
Molybdenum market: favorable external market factors affected the release, the market appeared to stabilize domestic product molybdenum signs of external offer businesses more stable downstream demand side Inquiry will increase. However, post-market trend remains unclear, cautious trading operations. Support the weak fundamentals, expected short-term molybdenum prices or to stabilize the main.
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