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Article: TUNGSTEN PRICE PLUNGES IN CHINA.
- Article from:
- AsiaPulse News
- Article date:
- July 29, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, July 29 Asia Pulse - After rocketing to a peak at the end of June this year, the tungsten concentrate price in China witnessed an abrupt plunge of nearly 40 per cent within a month, ending a period of crazy rise since early 2004.
By late July, the price of tungsten concentrates had plummeted to 82,000-87,000 yuan per ton, from the peak of over 130,000 yuan (US$16,000) in June.
The tungsten concentrate price fall also extended to APT and ferro tungsten prices.
In fact, the latest round of tungsten concentrates price hike started from 2002. The average price rose to 24,067 yuan per ton in 2003 with a growth of 19.6 per cent from 20,123 ...
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Article: YUAN CLIMBS TO ANOTHER RECORD HIGH AGAINST U.S. DOLLAR.
AsiaPulse News;
July 25, 2007 ;
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...BEIJING, July 25 Asia Pulse - The yuan hit a new high against the U.S. dollar on ... Trading System. The central parity rate of the yuan, also known as the Renminbi (RMB), stood at 7.5596 yuan to the U.S. dollar, up 129 basis points ...
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