Tungsten market on August 22, 2014

Domestic tungsten trading atmosphere cold, still weak tungsten chemical market stability, other varieties mainstream temporary stabilize, businesses have adopted a wait-and-see attitude for gold nine pro. Overseas ferrotungsten prices continue to fall, the downstream demand downturn has not changed, expected short-term domestic tungsten city operation of temporary stability.

The macroscopic aspect, China signed 26 documents including the railway transit transport; HSBC PMI hit a 3 month low, approximation and line; the international price of gold fell below $1300 an ounce, fell to a two month low.


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