There are stock market experts continue to remind, near the construction of army day, military and civilian integration concept is expected to speculation.
alled military plate, including close ties with the military non-ferrous metals, refractory metals, especially tungsten and molybdenum. Chinatungsten online think that the expert is on the right track, but the reason is farfetched. The trend of military concept stocks is not relative to army day, rare earth molybdenum has nothing to do with army day. They deserve our attention, and Chinatungsten Online News will give you a professional point of view as a professional website for dealing with tungsten over a long period of time.
As we all know, tungsten, molybdenum, rare earth is an important national strategic resources, China is major producer of tungsten, molybdenum and rare earth. Tungsten and molybdenum is the basic raw material of cemented carbide, rare earth is a high-tech defense materials. Tungsten has the highest melting point and only second to the hardness of diamonds, commonly used in the manufacture of armored tanks, rockets, bullets, missiles, armour piercing bombs, in particular, are comparable to poor uranium bombs. Molybdenum is similar to tungsten, and rare earth is an important military instrument. As to why the military use of tungsten is concerned, it is related to the destabilizing factors of China's recent neighboring countries.
In June 16th, the armed forces of the India invaded the border of Tibet openly, and they had been locked in a stalemate with the PLA for about forty days. During this period, the PLA maintained restraint and actively made preparations for the war, therefore, the demand for tungsten, molybdenum and rare earth products in military products is bound to increase greatly. At the same time, China is rich in tungsten and molybdenum, rare earth two provinces, Hunan and Jiangxi in June have suffered heavy rain hit, Hunan and even formed a flood. Capacity in the next two or three months will be affected, such imbalance between supply and demand, leading to tungsten prices rose, although there has not been a difficult situation, the price will lead to the rise in stock prices.
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