March 6, 2013 Tungsten Market Guidance: Guide Price Upward and Market Trend Up

Ganzhou Tungsten Association guide price in March compared with February a slight rise, the tungsten market or re-warming. Held cargo miners offer range widened space up even more prominent phenomenon the tungsten iron market stimulated by the price of raw materials, manufacturers price gradually pulled tungsten carbide high-priced resources increased, but the actual turnover of follow-up difficult. Expected short-term tungsten City overall steady slow upstream market delivery price more low.

Macro aspects of foreign exchange in January surged by 683.6 billion, last year's monthly peak of only 140.9 billion; Development and Reform Commission, said this year's GDP growth rate of 7.5%; Dow Jones index closed up 0.89 percent, a new record.

 

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