Tungsten positive business continued to drop cargo is not high, too few spot transactions

Tungsten Market smooth operation, low tungsten businesses take the goods are not enthusiastic, spot transactions less than normal, short-term market sentiment hard tungsten powder, tungsten or disadvantaged price stability maintenance, APT mainstream price or hovering in 12.2-12.4 yuan / ton.

Macro level, in April the national fiscal revenue 1.3502 trillion, an increase of 22% consumption tax; the State Department and then canceled 49 non-administrative licensing approval: reduce power rent-seeking; in April year on year increase of 1.3% in electricity consumption.


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