Traders operating cautious, tungsten prices slightly adjusted

With the New Year approaching, the downstream manufacturers stocking basically completed, tungsten smelter shutdowns also went home, tungsten City weakening demand, traders operating increasingly cautious, tungsten, tungsten products and other manufacturers are busy with production orders, order now basically have line, coupled with raw materials have been rising recently Scheelite tungsten product price or have minor adjustments, mainstream stabilized.

Macro level, the yuan has almost hit bottom, three times Exceed 1.9 percent decline in four days; this week, the central bank injected a net 55 billion liquidity; steady improvement in the US economy, the Federal Reserve to raise interest rates in the larger probability event.


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