Information of Tungsten Market on March 8th

Domestic tungsten prices tend to grow smoothly, manufacturers are bullish about APT, they keen on adjusting the price. The highest point of the price has touched 180 thousand yuan per ton, tungsten carbide powder price rose as well, which has led downstream firms to lower their purchase volume. Trading volumes of waste tungsten picked up a little bit with price rising modestly under the affects of parts of the merchants. Tungsten price is expected to grow steadily. Macroscopically, Central Bank is restarting the buyback of excess liquidity, so monetary policy might be tightened in a modest manner. The so-called “New Five Articles OF China”(which aims at restricting the housing market) will soon be implemented, and room for speculation is narrowed. The sales volume of retailers in America rose slightly in February. It is expected that tungsten price might continue to rise steadily in the short run.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

• < Prev
• Next >