Tungsten Market Information On Mar 26,2013

Tungsten mine prices are in transient stability, the actual delivery price of 65 degrees wolframite is 115,000 yuan.Sodium tungstate market shows chilly and price changes fatigue. In ferro-tungsten market some manufacturers began to cut down offes, the range of market price widened and the proposed price of scrap tungsten market remained in the vicinity of 175,000yuan. They keeps the attitude of wait-and-see on the whole.

Downstream demand is sluggish, businesses lack of confidence and expected that tungsten market turnover is difficult to have a big breakthrough for short term.

Macro perspective, the exchange rate of the RMB against the U.S. dollar is 6.21yuan, creats the first breakthrough among 19 years;  price adjustment of refined oil starts and may be return to the time of 7 yuan. Euro zone and the IMF is determined to provide 10 billion euros to aid Cyprus.

You can visit the following links for more information about tungsten . Thank you very much!

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

• < Prev
• Next >