Tungsten Market Oversupply, Weak Demand

Tungsten market: Scheelite conditions stabilize, the market continued oversupply, applying downward pressure on prices, turnover deadlocked. Ferrotungsten continued weak market demand, volume decreased slightly. APT manufacturers are not enthusiastic to sales quotas, tungsten scrap market weakness stability maintenance, poor demand and price adjustment due to lack of motivation, most traders tungsten scrap funding constraints, operational dilemmas, some traders a small receipt, quickly take the goods, Boli more sales. Due to high-priced stock, and businesses continue watching the market. Short-term market or are expected to continue to stabilize the tungsten scrap.

Molybdenum market: prices relatively deserted, active trading is not high, molybdenum products businesses inquiry less than normal, increased shipments resistance. In addition, the pressure to fund other aspects of molybdenum manufacturers also bring some difficulties. Active selling businesses increased willingness strong cash shipments. Expected short-term molybdenum market remains weak or run.

The above is news released by Chinatungsten Online, from news.chinatungsten.com.

More information to know, kindly contact sales@chinatungsten.com.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn