Environmental Tax Law tungsten gas prices will be firm hard

       Recently, the domestic tungsten market as a whole has shown a steady trend. In the early period, the price of low-grade tungsten gradually moved up. The high-price breakthrough still lacks effective transaction support and supply and demand are stalemate. The short-term market is still showing the operation mode of cost-supporting tungsten price.

In the market of tungsten concentrates, in early 2018, China's first taxation law on environmental protection will be officially implemented. It is understood that at present most of the provinces have confirmed the specific tax and preparations are in full swing. Environmental tax law levy, will undoubtedly increase corporate environmental investment, while forcing enterprises to restructuring and upgrading. Tightening costs and supply side is expected to support, hold the market optimistic about the market outlook, tungsten prices firm and difficult.