City funds exacerbated the tension of tungsten, APT is more difficult to take the goods
- Details
- Category: Tungsten's News
- Published on Wednesday, 10 December 2014 13:55
It is understood that the downstream powder, alloy manufacturers with the New Year approaching, the degree of financial tensions, less demand for APT, APT stock turnover less; at the same time a lot of money to be home APT smelter Pan Asia trap, liquidity is also tight, manufacturers acceptance shipments will not high, sharply lower cash price then, 137,000 yuan / ton low-cost market has emerged.
As the raw material market downturn and financial constraints, APT market running low, manufacturers operating actively reduced: on the one hand do not want to take up funds for reserves of raw materials, on the other hand now market downturn, lower prices, factory production control, do not want low-priced goods to go not old customers are required to purchase a small amount of cash to be. APT is expected in the short term or difficult trading conditions improve, the possibility still lower price.
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