Tungsten ore prices will continue to decline Ferrotungsten start low

 Core Tip: downstream demand remained weak, the business mentality look weak, tungsten ore prices will continue to decline, tungsten, iron start low, less exercise alone; molybdenum market buyers and sellers sentiment higher turnover slightly stalemate.
Tungsten wire market: large institutions suspend acquisition of tungsten ore, the downstream demand remained weak, lack of support, the business mentality look weak, tungsten ore prices will continue to decline, market watchers are still many; APT thinly traded, prices slipped; Ferrotungsten operating rate low, less exercise alone; scrap tungsten overall transaction performance is acceptable, in support of tight resources, businesses have no intention to cut prices.
Molybdenum market: nearly two weeks, molybdenum market trend remained generally calm movements, more pressure on the stock is relatively small businesses, buyers and sellers wait and see mood is high, turnover slightly stalemate. Product prices are still strong, difficult mining downstream cheap. Late demand season is approaching. Tungsten Online Experts predict the short term molybdenum market merchant or cautious, long-term or beneficial good possibility.