Tungsten market early on May 7, 2014

In May, Minmetals agencies guidance prices down, resulting in tungsten and tungsten chemical raw material market prices generally lower, waste tungsten market mainstream continue to maintain stability, shippers shipping will not be high, the market spot resources limited. At present, the overall demand still weak tungsten city, light volume, short-term market is expected to weaken steady operation.

The macroscopic aspect, the central bank 60000000000 repurchase continue to lock in long-term liquidity; the central enterprises the highest dividends to 25%, finance is expected to be received more than 37500000000 yuan this year; depreciation rate of over 3%, the short term difficult to rise.


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