Domestic tungsten tungsten iron ore market was steady spot market supply

Tungsten wire  domestic market is relatively steady, APT high steady, the actual turnover remained weak, tungsten, iron spot market supply, manufacturers continue to raise prices, tungsten products and scrap tungsten market was also found slightly buoyant trend.
Tungsten market: domestic tungsten ore market is relatively steady, some traders purchase price down to 14 yuan / ton, APT high steady, the actual turnover remained weak, tungsten iron spot market supply, manufacturers continue to raise prices, tungsten products and scrap tungsten market was also found slightly buoyant trend. We expect short-term strength of tungsten products mainly downstream market, the market environment has been heating up.
Molybdenum crucible market: long-term sustainability deserted market, causing businesses to invest mentality change dramatically. Molybdenum products market trend poor performance, primarily due inquiry and orders shrank impact. No significant improvement in the downstream steel city signs, and the current in the off-season, it is difficult to play a strong support for the upstream markets. We expect short-term molybdenum prices will remain weak consolidation phase.Downstream, as the international price indices in the domestic APT (APT) last weekend price 213,000 yuan / ton, ring up more than 04,000 yuan / ton; sodium tungstate price 144,000 yuan / ton, ring up more than 07,000 yuan / ton ; tungsten powder price of 327.5 yuan / kg, and ring up more than 5 yuan / kg.
Industry analysts said the biggest change in June tungsten City has two: one, the downstream product of tungsten sudden rapid follow up. Previously, that after the Spring Festival this year, tungsten small step up fast, but because of a bad deal tungsten downstream product price increases difficult, resulting in price upside down; two, CMN early June will offer a one-time increase of 20,000 yuan / ton, to wolframite 155,000 yuan / ton, or 14.8%, much higher than Ganzhou Tungsten Industry Association in June 2000 yuan per ton, up offer. "CMN one up so much to influence the market bullish atmosphere, led lower prices."