Molybdenum News Center

Tungsten and Molybdenum Latest Price - July 12, 2016

International News: German June CPI final value annual rate may flat with the initial value and still at a low level. Inflation expectations in the euro area is still very weak, downside risks of inflation is on the rise. US June retail sales performance was difficult to improve and form Loretta Mester Fed chairman speech we can learn that the Fed may focus on the dollar rising and falling.

China News: The June export growth was dropped and foreign trade is also descending. In the first quarter world's 150 cities average house prices rose 4.5%. Shanghai and Shenzhen ranked at the first and second place and the increasing range is 62.5% and 30.5%.

Industry News: The based metal price is falling and the market is instability; OPEC June crude oil production created a new high within 8 years and the US oil 08contract will suffer the serious hit. Nickel price is expected to increase, but should not blindly optimistic.

Molybdenum market: China molybdenum market is temporarily stable and molybdenum concentrate market inquiries are increase as well as transactions. The price increase gives manufacturers confident. In the short-term the molybdenum market may weakly stable operation.

The price of molybdenum main products:

Tungsten market: Tungsten price continues to fall and in the short term tungsten market is weakening. The manufacturers of tungsten raw materials are reluctant to sell, so the market will further stalemate.

The price of tungsten main products:

The price of molybdenum and tungsten main products:

The tungsten and molybdenum July 12, 2016 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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