Tungsten City bearish sentiment strong turnover relative stalemate

Tungsten City bearish sentiment strong, holding cargo shipments will increase, but the buyer funding constraints, strongly suppress the price, turnover is relatively stalemate, the spot market tentative inquiry, offer more, but still less the actual transaction, expected short-term price of tungsten or slipped.

Macro, March import and export trade steady double down many ministries, exerted pressure to complete the annual target; the price of gold fell below $ 1,200 / oz psychologically important level; IMF said the world's major economies will enter a period of low growth.


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