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The price of Tungsten’s raw material stop falling, and APT prices are rebounding

Writer:JIEFU       Date:2014/6/5 11:25:54

       After the rapid fall, the price of Tungsten’s raw material has showed to rebound and some traders quote with RMB 2,000 /tons adding. Part of the transaction price has reached to RMB 166,500 / ton, slight higher than the previous lowest price of RMB164, 000 / ton. Combined with recent confirmed policy, issued by the State Council, such as "mini-stimulation" "oriented lowering of reserve requirements for banks”, prices of the whole industrial products are expected to rebound slightly.


Category:Industry News