Sodium tungstate continued weak demand, low stock market trading

Although partial funding still tight, but tungsten smelters are gradually stocking home to prevent raw materials can not buy a short time after the Spring Festival this week, ammonium paratungstate, tungsten powder Inquiry increased slightly, but the volume is still large, slow price increases, sodium tungstate continued weak market demand, low stock market trading, manufacturers continue to produce less, 96% sodium tungstate focused on the mainstream market price 103,000 yuan / ton in the vicinity, however it is understood the individual market has emerged less than 10 million or less the transaction price. Tungsten prices expected this week may be more stable and was up.

Macro level, oil prices plunged 4.7 percent on Monday once again, fell below $ 46 a barrel; intraday spot exchange rate of RMB rose hundreds of points, hit a new high this year; Shanxi: Coal pushing reforms to stimulate economic vitality.


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