Tungsten weaker outlook fell less space

Core Tip: tungsten weaker prices continued to remain low, the market is big difference, having a little downside. Primary molybdenum businesses hold goods to be up, the market operation is relatively calm, thin trading, offer high trend.
Tungsten market: tungsten weaken, prices continued to remain low, the market is big difference, wolframite 13.7-14.3 yuan / ton between the quotes and recent market outlook fell less space; tungsten carbide weak demand, turnover from the previous less; sodium tungstate start low; scrap tungsten prices steady turnover weakened or slipped.
Molybdenum tube market: recent steel tender relatively few, weak demand is difficult to play a supporting role on the market. Primary molybdenum businesses hold goods to be up, the market operation is relatively calm, thin trading, offer high trend. Downstream molybdenum chemicals and molybdenum deep processing products, such as market inquiry yet to see improvement, we expect short-term market trend remained stable molybdenum.According to research, at present more than 60 degrees wool wolframite ore price 1.78 yuan / kWh nearby and procurement needs less; business confidence, traders are afraid to purchase tungsten, fearing heart harder shots. And due to lack of demand and financial pressure, cash transactions of small quantities of tungsten, the price even lower than the gross price is also mine.
According to the analysis is expected this week, Minmetals if not taken any purchasing and storage plan, or tungsten concentrate prices this week due to lack of demand for support and fell again.