Tungsten ore market sentiment weakened the overall stability of molybdenum market prices

Weakening domestic market mentality tungsten carbide inserts ore, tungsten City mainstream short term maintenance of stability, individual narrow adjustment. Current portion of molybdenum products prices have been at a relatively low level, even lower than last year's lowest level, the overall performance of the molybdenum market prices stable.Tungsten market: domestic tungsten ore market mentality weakens, businesses Paohuo will increase, more downstream firms stay on the sidelines; APT prices firm, individual ferrotungsten market price remained at 20 million or less, the actual turnover were significantly dull, powdery areas offer confusion some price first callback, tungsten carbide and more concentrated in the 325 yuan / kg nearby. We expect short-term maintenance of stability within the tungsten market mainstream, individual narrow adjustment.Molybdenum market: current portion of molybdenum products prices have been at a relatively low level, even lower than last year's lowest level. Due to market supply and demand and transaction status have no significant fluctuations in the overall performance of the molybdenum plating market prices stable. More businesses to keep wait and see, we expected this month or hardly favorable molybdenum market prices good performance.oride salt chemical industry, high-speed transfer to Ganzhou, Ganzhou promote resource-oriented industries to speed up transformation and upgrading. "Control", which further enhance the ability to control resources, firmly grasp attract domestic and foreign high-end industrial transfer initiative. Ganzhou Rare Earth Mining companies will accelerate the transformation and tungsten ore, fluorite ore integration, tighter control and exploitation of the total flow of resources. Take "government regulation, associations, corporate purchasing and storage, bank loans, financial support, market operation" mode, 1.8 billion yuan of bank loans in promoting the implementation of tungsten, rare earth resources strategic reserves, based on a positive declaration to establish a mining or mining development banks Fund, reserves and resources, to provide financial support industrial upgrading. Strengthen cooperation with Hunan, Baotou City, and other domestic tungsten, rare earth the main producing areas of strategic cooperation, enhance the international discourse. Encourage enterprises to "go global" development resources. Ganzhou Mazzoni chapter Tungsten Company has started the development of mineral resources in Madagascar. Efforts to attract domestic and foreign resources to Ganzhou agglomeration, the Ganzhou built into the country's major non-ferrous resources and the flow of products, trading, processing and distribution center.