The Brief Comment for Tungsten Market In August, 2014

Details: Category: Tungsten's News; Published on Monday, 25 August 2014 11:15

Tungsten trading atmosphere IS cold and cheerless in the domestic, and the market of tungsten chemical is still weakening. Other varieties of products stop falling and begin stabilizing, with the attitude of wait and see, merchants wait for the coming of gold Sep. Overseas tungsten iron price continues to fall, the downstream demand is still low , and it is expected that tungsten market at home and abroad will be in the stability in the short term.

In the macro aspect,China and Mongolia have signed 26 files including railway transit transport. the initial value of HSBC close to from the line, a new low for 3 months. The international gold prices fell below $1300/ounce, the lowest level in two months.

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