Core Tip: domestic tungsten market prices firm, the downstream business procurement weakness, the market traded more than a small amount of cash required; tungsten iron market was chaotic, spot supply is tight, commodity price volatility decline of domestic Molybdenum tube, short-term molybdenum prices gradually stabilized, turnover prices are still significant fluctuations.
Tungsten market: the market price of tungsten concentrates high domestic firm, the downstream business procurement weakness, the market traded more than a small amount of cash required; tungsten iron market was chaotic, spot supply is tight, up to 20.5 base 70 yuan / ton; tungsten carbide powder affected by the high cost of support temporarily subside, businesses interested in delivery of goods but really weak demand, expected short-term price of tungsten gradually stabilized, the market will increase shipping, but the actual transaction little improvement, the proposed stockpile merchant ship may be appropriate in order to avoid outlook sharply lower risk.
Molybdenum market: Europe molybdenum commodity prices fell again under pressure, the U.S. molybdenum prices relatively stable; roughly the same with the external market trends, the domestic prices of molybdenum products still insist shock decline based, low-cost primary molybdenum traded emerging market. Downstream procurement will is not strong, the other molybdenum products market also in the doldrums, short-term molybdenum prices gradually stabilized, the price is still significant fluctuations.
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