Tungsten smelter stopped production increase will reduce foreign quote

Tungsten market activity decreases, tungsten smelters stopped production increase will reduce foreign quote, traders operating low motivation. Expected to enter July, the tungsten market into the traditional off-season, the price of tungsten or continued to hover in the low, tungsten, or the spot market traded stalemate continued.

Macro, national 3 trillion of investment has been completed, will be pushed four major projects; central bank to continue 50 billion of reverse repurchase, last week four additional 150 million yuan; a quarter of China's foreign exchange reserves shrink $ 79.5 billion.


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