The Guidance of Tungsten Market on 25th,Aug
- Details
- Category: Tungsten's News
- Published on Monday, 25 August 2014 10:59
The mainstream market of para-ammonium tungstate is in the stability, but the difference among businessmen's quotation from 160000/ton to 164000/ton is big, the dealing focused on low-cost resources. Waste tungsten market is slightly strong, downstream demand and supply of goods is less, the overall volume is not much, and short-term tungsten stock market is in the stability.
Macro aspect, ownership reform will become a focus in the second half of the economy. Solid cast down 7% in the first half for the iron and steel, In August the eurozone manufacturing PMI initial value is 50.8, a new low for 13 months.
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