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Re: None

Wednesday, 02/17/2010 11:03:46 AM

Wednesday, February 17, 2010 11:03:46 AM

Post# of 253
First of all, the owners of ore mine keep the mineral on their hands and not willing to sell the materials, expecting the price may go much higher. They will not sell the materials until the price reaches the highest point, and then they can make large sum of money.

Besides, due to the upcoming Spring Festival, most of the manufactures stopped their machines and prepared the overall check and regulation. So the national total tungsten production volume is dropping greatly. With so little tungsten products in the market, no doubt the price keeps increasing.

And the Spring Festival in February is estimated to last 20 days to one month, and experts in tungsten industry believe during this period, the tungsten price will maintain a skyrocketing trend