World Economy and Tungsten Export
- Details
- Category: Tungsten's News
- Published on Tuesday, 14 May 2013 18:09
There are no fundamental changes with respect to the economies of Europe and the United States, and Netherlands, Europe's fifth-largest economy, is being reported has many economic problems.Japan has continue carried out monetary policy of quantitative easing measures(inflation)to stimulate the economy since last year, which may result in an expected currency war and China,the world's second largest economy, has seen its PMI and GDP continued to decline.
The demand of tungsten production is still at a low level. Future growth potential is limited. Learn from the data, volume of exports of tungsten metal (excluding hard Alloy, the same below) is 700 tons in February, fell 59 percents compared to last month. The decline of exports of tungsten carbide also reaches 40 percents. However, learn from the latest export prices, price is already out of the low level and slowly going upward. Next, our focus would be paid on volume of exports and the price level.
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