Tungsten smelters actively go home inventory, lack of market confidence

City continued sluggish demand throughout the tungsten, tungsten smelters actively go home inventory, product or upside down, or hovering upside down edge, lack of market confidence, low motivation operate. After the cut is expected, the primary raw material short-term tungsten ore, APT, etc. are expected to hold steady in the low or disc.

Macro level, the first time in eight weeks the central bank to restart the reverse repo, RRR cut interest rates drop probability; to conclude bilateral investment agreements was a major breakthrough in Sino-US cooperation is a new rhythm; the third quarter, is expected to bottom to stabilize the economy.


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