Tungsten and Molybdenum Latest Price - May 19, 2016
- Details
- Category: Molybdenum's News
- Published on 19 May 2016
- Written by yiping
- Hits: 202
Macro Information: the latest statistics released that the trade volume between the China mainland and Taiwan was 37.5 billion US dollars; The mainland and Hong Kong trade volume was $ 64.32 billion, down 33.6%; China continues to export steel, ignoring US punitive tariffs; the United States first quarter GDP is low, which is unfavorable in three consecutive years ; In May, steel market runs with volatility ; the Bank of Japan bides their time to make yen soared 3%, and the RMB has pressure on exchange rate.
Molybdenum Market: molybdenum raw material supplier sale with low price and molybdenum concentrate continues to go up, but the manufacturers of finished molybdenum products still hold see and wait attitude. Ferro molybdenum price is stable, but the turnover is limited.
The market price of molybdenum main products:
Tungsten market: Tungsten price is stable, but the terminal market is not good. APT price continues to go up. Scrap tungsten carbide demand is not so much. The purchasing agent puts some pressure on price. It is expected the market will run better.
The market price of tungsten main products:
The market price of tungsten and molybdenum main products:
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