Pay Attention to Tungsten Market Dynamics With the Slowdown In Metal Prices Declined
- Details
- Category: Tungsten's News
- Published on Thursday, 07 March 2013 10:15
London,LMEX fell 1.92%, aluminum and zinc fell 3.58% and 2.78%,respectively,and other metal prices fell between 1% -2%.Shanghai metal performed better, SMMI fell 1.12%,the largest decrease in aluminum fell 1.73 % ,tin performed better, edged down 0.32%.Last week, the Chinese real estate control again overweight, further strengthened the Chinese economy's weak recovery pattern, therefore, postganglionic metal prepared library needs to postpone QE expected volatility and negative factors of the "currency war" will continue to be metal prices running or will continue to run the pattern of repression, short-term metal price adjustment.
Rare small metal APT rose the APT price this week, last week elevate2,000-174,000 yuan / ton, APT rose mainly due to Minmetals offer strong fundamentals No change much, we believe that the tungsten industry is expected to rebound in March, the fundamentals with the tungsten prices still have room to rise. Stable rare earth market price, the market volume, weak downstream demand, the business is still in observing.
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