Market demand continues to slump Scheelite deal stalemate

Tungsten entire market volume was light, demand continues to slump, APT and other smelters family was unable to cash purchases of tungsten concentrate, resulting in Scheelite deal stalemate, the downstream production of tungsten is relatively slow, lack of business confidence tungsten, tungsten considered late or successively lower prices , but by the cost of support, losses were limited.

Macro level, domestic oil prices down for managing some areas back to 5 yuan era; QFII quota over the first $ 1 billion, A shares hope to introduce more running water; Turkish Republic of Korea announced the same day the application added an investment bank.


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