Molybdenum News Center

Tungsten and Molybdenum Latest Price - July 14, 2016

International News: The United States in June import price index rate was better than the previous value and the US inflation outlook remains moderate. Eurozone May industrial output was weak, but it has limit impacts on the euro. The United States objects China to charge the tariff on nine metals and minerals, claimed that China broken WTO rules.

China News: China June import and export data has poor performance and overall domestic and external demand is still weak. The foreign trade is steady rise of in the second half, but still need to support in the next half year. The first half year of the credit will be broken 7 trillion and resident mortgage recorded new highs.

Industry: The based metal price continues to increase and the stock has good and bad side. IEA monthly oil report reduced demand forecast for China in 2016 and the United States oil will go up on Tuesday. Drag 2 years by overseas project, Shaanxi Nonferrous 1.5 billion bonds have been suspended listing.

Molybdenum market: Due to the ferro molybdenum manufacturers gradually run out of raw materials, so some number of manufacturers increase the price, but the range will not large. The tender price is still below 60,000 RMB/ton, so short-term molybdenum iron price hard to more increase.

The price of molybdenum main products:

Tungsten market: Tungsten concentrate market will be adjustment period, so manufacturers will maintain current offer and the transaction is flat. The industry waits for market recovey.

The price of tungsten main products:

The price of tungsten and molybdenum main products:

The tungsten and molybdenum July 14, 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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