Tungsten and Molybdenum Latest Price - May 23, 2016
- Details
- Category: Molybdenum's News
- Published on 23 May 2016
- Written by yiping
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Macro information: In China, the government continues to advance supply front reform, and the reform main emphasize on excessive production capacity, industrial optimization and reorganization, companies reducing costs and keeping their competitive edge, and real estate industry reducing stock; second-tier cities out of control: land price soared 180%, housing prices rose thrown over Beijing, Shanghai, Guangzhou and Shenzhen; China scientists have developed the first 24T superconducting magnet, and a permanent magnet straddle type monorail train was abolished. In international, Singapore companies will issue one billion RMB Panda bonds in China, to help the internationalization process of RMB; the United States as the largest sponsors of the anti-dumping and China's steel industry to become main target.
Molybdenum Market: international molybdenum price rises to promote China molybdenum price goes up, but high price is not conductive to the turnover. Affected by raw material, ferro molybdenum price is going to increase. Many manufacturers expected the price of ferro molybdenum will continue to rice recently. Some manufacturers give the price 75,000.00 RMB for one ton currently.
The market price of molybdenum main products:
Tungsten market: tungsten finished products price is fall after rise, which is hart to operate for melting manufacturers. Besides, the manufacturers of tungsten alloy are difficult to raise the price. Tungsten powder price is going to fall and turnover is not good.
The market price of tungsten main products:
The market price of tungsten and molybdenum main products:
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