Exchange Rate, iPhone, Tungsten Carbide Cutter and Listed Company-5
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- Category: Tungsten's News
- Published on Thursday, 16 August 2018 09:50
- Hits: 383
Solution of tungsten, molybdenum and rare earth industry
The trade war is beneficial for the tungsten-molybdenum rare earth industry and a rare opportunity.
Exchange Rate, iPhone, Tungsten Carbide Cutter and Listed Company-4
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- Category: Tungsten's News
- Published on Thursday, 16 August 2018 09:41
- Hits: 364
Future trend of RMB-Easy credit
According to the credit data published on last Friday, the amount of credit in July increased by 1.45 trillion, an increase of 323.7 billion RMB year-on-year.
On Saturday afternoon, China Bank Insurance Regulatory Commission has published a special article about “To enhance the supervision and guidance, open up the transmission mechanism of monetary policy, and improve the economic level of financial services”. This article stresses that the bank should increase the credit supply and loan support for small and medium-sized enterprises.
Obviously, the transformation from easy money to easy credit has been realized in July. As the scale of credit expands further, the decline of the general lending rate and the notes financing rate will further accelerate, and the economic will gradually be stabilized.
Reduction of interest
According to the statistics published by the Central Bank, it shows that money market interest rate has continued to fall in the past two months. Last week, the rate of bank overnight was 1.622%, and the interest rate on August 7th closed at 2.450%. Both fell compared to the same period last week.
Forecast of exchange rate trend
Since the exchange rate is regarded as the value of one country’s currency in relation to another currency. Therefore, we have to look at the recent actions of the dollar in order to analyze the trend of RMB:
1) Expansion of national debt scale
Due to the increase in the US social welfare and the military spending, monetary policy of the United States is relatively tight. On July 30th, the U.S. Treasury Department said that it expects the third quarter debt to be $56 billion higher than previously estimated amount. The total debt is $329 billion.
2)Increase of government bond interest rate
“In general, what we’ve seen is the Turkish lira deprecation significantly against the dollar ... Trade tensions have kind of kept Treasury in a range for some time,” said Charlie Ripley, senior market strategist for Allianz Investment Management. “We also kind of expected more upward pressure on Treasury yields with the increased auction sizes, but it seems every time it seems to be met with demand. It’s sort of a head-scratcher.”
Moreover, according to the recent statistics, the Fed’s increase of interest rate in September is a high probability event.
Forecast of RMB exchange rate trend
Hence it is obvious that China and the US have taken different methods. China has loosened the monetary policy and lowered the interest rate. On the contrary, the US has tightened the money supply relatively and raised the interest rate moderately. Therefore, through the analyses from all aspects, we conclude that the trend of the continued depreciation of the RMB against the US dollar will not end in the short term.
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Exchange Rate, iPhone, Tungsten Carbide Cutter and Listed Company-3
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- Category: Tungsten's News
- Published on Thursday, 16 August 2018 09:35
- Hits: 414
Benefits of tungsten carbide cutters export
Different form the iPhone, the dealers of tungsten carbide cutting tools can get the most of the nonbusiness income caused by the devaluation of RMB. Because China owns absolute resource advantages such as tungsten, molybdenum and rare earth.
Exchange Rate, iPhone, Tungsten Carbide Cutter and Listed Company-1
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- Category: Tungsten's News
- Published on Thursday, 16 August 2018 09:15
- Hits: 354
Turkish lira crisis fueled by Trump
Last weekend, Donald Trump struck a vengeful note, announcing, “I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong our very strong Dollar!”
Application of smart PDLC film
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- Category: Tungsten's News
- Published on Wednesday, 15 August 2018 19:34
- Hits: 391
As people’s pursuit of life quality is getting higher, the concept of architectural design is becoming more and more artistic and intelligent. As a new type of electronic light control products, smart polymer dispersed liquid crystal film owns a lot of great properties which make it popular among smart products enthusiasts, such as high transparency, flexibility, and heat resistance, good UV protection, low consumption, long lifetime, low voltage driving and so on. It is a kind of cool technology which can make your life colorful.
Rare Earth Price - Aug. 15, 2018
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- Category: Tungsten's News
- Published on Wednesday, 15 August 2018 16:02
- Hits: 395
Rare earth market quotation in China: domestic rare earth price maintains stability because listing prices of large enterprises, policy for purchasing and storage and current trading environment fail to give clear directions to the market. At present, the supply and demand is in a stalemate and manufacturer lower production activity.
APT Prices Down on Rare Deals Concluded
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- Category: Tungsten's News
- Published on Wednesday, 15 August 2018 15:59
- Hits: 388
Analysis of latest tungsten market from ChinaTungsten Online
Tungsten prices have been in a downward trend for a long time on the weakness both at home and abroad. Some sellers appear unwilling to lower prices in some region while others are active in sales. ChinaTungsten Online thinks that market participants should treat the market rationally and rigid demand still offers supports.
Molybdenum Powder Price - Aug. 15, 2018
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- Category: Tungsten's News
- Published on Wednesday, 15 August 2018 15:57
- Hits: 443
The latest price of ferromolybdenum, molybdenum concentrate and molybdenum oxide declines slightly compared with last trading day. Molybdenum raw material production return and declining prices of steel biddings weaken favorable factors in the market. Limited orders in off-peak season and weak consumption also affect Chinese market greatly. Taken together, Chinese molybdenum market will continue its weakness.
Tungsten Prices in China Are Weak on Quiet Trading Activity
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- Category: Tungsten's News
- Published on Wednesday, 15 August 2018 14:48
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Analysis of latest tungsten market from ChinaTungsten Online
Opening this week, tungsten prices in China remain weak adjustment on usual quiet trading activity and negative atmosphere in off-peak season. Affected by the weakness in terminal market, prices for tungsten products continue to decline, cutting profits of enterprises.
Rare Earth Price - Aug. 14, 2018
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- Category: Tungsten's News
- Published on Wednesday, 15 August 2018 14:46
- Hits: 435
Rare earth price in Chinese market maintains stability from last trading day. Buyers and sellers have different psychological prices. As a result, trading volumes are difficult to increase. Considering heavy wait-and-see atmosphere in upstream and downstream of the industry chain, rare earth price is expected to stabilize in the short term.