Tungsten and Molybdenum Latest Price - May 20, 2016
- Details
- Category: Molybdenum's News
- Published on 20 May 2016
- Written by yiping
- Hits: 191
Macro information: China central government allocated 27.6 billion RMB to support local resolve excess capacity; Moody's: G20 developed markets is expected to slow to 1.7 percent and G20 emerging market this year will speed up 4.2%. US real estate outlook is not good, and China's foreign reserve balance reduced to the lowest level; China Foreign Exchange Trading Center announced the middle rate of RMB; the European Parliament adopted a non-legislative resolution objecting China automatically to obtain market economy status under WTO.
Molybdenum Market: Molybdenum raw material price is going up and the inquires are active, but the turnover is not too much. Supported by raw material price goes up and international molybdenum price increases, so ferro molybdenum price is stable recently. And many manufacturers expected the price will continue to rise.
The market price of molybdenum main products:
Tungsten market: Sodium tungstate price is recovering recently. The manufacturers of tungsten finished products purchase sodium tungstate with on-demand procurement. Tungsten finished products market turn to better and has active trading.
The market price of tungsten main products:
The market price of tungsten and molybdenum main products:
The tungsten and molybdenum latest price is provided by Chinatungsten Online based on comprehensive analysis data. What we supply is above market price and only for reference. If there is any detail requirement, kindly please contact Chinatungsten for further action.
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