Demand continues to slump, tungsten prices or have a small drop

With the increase of wages, environmental protection and other costs, the cost of production of tungsten products are relatively expensive, but then the market demand continues to slump, difficult to sell on price, smelters and traders profit family are very weak, and the Association of tungsten APT, powder guide price again weakening business confidence frustrated, tungsten prices this week or have a small drop.

Macro level, the State Department clearance fees, price reform, tax cuts "emergency" real economy; heavy economic data to be released tomorrow, March CPI rose by 1.4% expected; retail price of gasoline and diesel will welcome third time this year to rise.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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