Tungsten price mainstream stabilizes individual products

Abstract core tips: Many manufacturers of tungsten and iron insist on quotation, 70 bases up to 190,000 yuan / ton, the risk of upside down has not been completely lifted; the domestic molybdenum market remains calm, the trading atmosphere of merchants is relatively deserted, and the short-term molybdenum market is still low. Tungsten Market: Tungsten City's upstream raw material tungsten ore...
Core Tip : Many manufacturers of tungsten and iron insist on quotation, 70-base up to 190,000 yuan / ton, the risk of upside down has not been completely lifted; the domestic molybdenum market remains calm, the trading atmosphere of merchants is relatively deserted, and the short-term molybdenum market is still low;

Tungsten market: The tungsten raw material market in the upstream of Tungsten City is relatively stable, and the price support of some downstream products is difficult. The high price of APT is reduced, and the wait-and-see mood of the merchants is serious. Many manufacturers of tungsten and iron insist on quotation, and the 70-base can reach up to RMB 190,000/ton. The risk of upside down has not been completely eliminated; the consumption of cemented carbide terminals is insufficient, the powder market is lightly traded, and the price of tungsten carbide is mostly around 295 yuan/kg. It is expected that the mainstream price of tungsten will stabilize in the short term, and individual products will continue to adjust slightly.

Molybdenum market: Recently, the price of molybdenum products in Europe and other countries rebounded at a low level. The US molybdenum market remained stable, the overall market changed little, and the product price lacked fluctuation factors. The domestic molybdenum market remained calm and the trading atmosphere of merchants was relatively deserted. The market is quiet, some businesses are worried that there may still be a fall in the later period, and the short-term molybdenum market is still low.

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