Tungsten and Molybdenum Latest Offer - June 21, 2016
- Details
- Category: Molybdenum's News
- Published on 22 June 2016
- Written by yiping
- Hits: 224
International News: the dollar index continues to fall down within two days, the RMB reference rate continues to go up in two days created a new recorded within two week; the support rate of Britain to stay in EU is increasing, and the support rate was bout 53 to 47; pound rose to a new high record and the European stock markets also rose sharply; the Bank of Japan declared in order to achieve the inflation target or will further relax governance.
China News: the enterprises of regeneration lead battery met at SMM Internet Plus to explore new market transaction mode; large-scale Chinese enterprises overseas mergers and acquisitions will cause accelerated outflow of foreign exchange reserves; the devaluation pressure of RMB is controlled, and the average of base metal was restricted, which increased the suspect of base metal price increase; the CBRC encourages and supports to guide private capital into private banks.
Industry News: it is expected that nickel and iron market will increas; Baotou Rare Earth Research Institute successfully developed BRE-02 series of rare earth compound stabilizer; in March the global demand of copper was increase, and now is short in supply; antimony has been incorporated into the national purchasing and storage program, and the State Reserve Bureau will purchase and storage antimony ingot 10,000 tons this year.
Molybdenum market: molybdenum market is stable, but weak, and holding the high price for price to go up continues to play down; ferro molybdenum manufacturers have strong willingness to sale, so they start to make price adjustment, promoting the transaction, but no improvement in the demand of molybdenum finished products; in the short term the price will continues to decline.
The price of molybdenum main products
Tungsten market: Despite the tungsten market demand continues to slump, tungsten manufacturers still holding the high price, so sodium tungstate, ferro tungsten and other product prices temporarily maintain stability, but weak; raw material tungsten concentrate prices is continues to fall down, and 60 degrees tungsten concentrate price is about 68,000.00-70,000.00 RMB for each ton.
The price of tungsten main products
The 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.
| Molybdenum Supplier: Chinatungsten Online www.molybdenum.com.cn | Tel.: 86 592 5129696; Fax: 86 592 5129797;Email: This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Tungsten News & Prices, 3G Version: http://3g.chinatungsten.com | Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn |
sales@chinatungsten.com