Tungsten and Molybdenum Latest Price - August 19, 2016
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- Category: Molybdenum's News
- Published on 22 August 2016
- Written by yiping
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International News: 2016 Global Innovation Index published in Geneva, Switzerland and China for the first time among the top in the world's most innovative economies top 25, ranked first in the middle-income economies. Brent crude contract increased $ 0.20 to $ 50.05. The trading day has continues increased for sixth times, which hits the largest increased range since early March. A barrel of oil on Wednesday was $ 49.85, which is appealing to market perform. Major luxury brands have cut prices in succession in Japan. French Van Cleef & Arpels decreased 7 to 8 % and Swiss watches IWC dropped 8%, which is good for extending sale. OpenSignal released the latest 4G network usage statistics report and Korea in mobile network speed and coverage rate are the first in the world.
China News: The relevant national capital on Tuesday sold some banking stocks, China Securities Finance Corporation and other relevant national capital released form the stock of Bank of Ningbo and has some profit. Bank of Ningbo fell 6.8 %on Tuesday, as the biggest decline in this year. July 51 cities housing prices have increased and Xiamen had the largest increase range. In the year on year price changes, the highest increase range was 41.4% and the lowest was down by 3.8%. National Development and Reform Commission announced that oil prices this will increase, gasoline per ton will increase ¥ 175 and diesel per ton will increase ¥170.
Industry News: Alibaba hopes to merge Paytm market and ShopClues and ShopClues valuation is more than one billion US dollar. Paytm is India's largest mobile payment and commerce platform and ShopClues is committed to helping small and medium size businesses to achieve online transactions. YeePay and Commerce Bank Pay confiscated illegal income ¥ 53.08 million.
Molybdenum market: Molybdenum market is stable and the transaction has slight increased. Molybdenum ferro market has slight fluctuate. It is expected molybdenum market will not have big change.
The price of molybdenum main products:
Tungsten market: Tungsten price continues to slight decrease. Tungsten concentrate transactions are stable and have slight increase. The tungsten finished products price is also stable.
The price of tungsten main products:
The price of tungsten and molybdenum main products:
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