GLOBAL TUNGSTEN WRAP: APT prices continue to march higher, Chinese environmental inspections intensify

By Anna Xu / May 21, 2018 / www.metalbulletin.com / Article Link

Positive momentum for ammonium paratungstate (APT) prices continued last week, buoyed by concerns of supply disruptions due to continued environmental inspections in China.

Concerns over disruptions at ammonium paratungstate smelters in Jiangxi province, a major production hub, continue  Demand for tungsten concentrates fell significantly following the shutdowns of APT smelters in Jiangxi  Ferro-tungsten prices continue to lag behind amid weak spot demand Chinese APT prices jumped amid smelter stoppages in Jiangxi province following the environmental inspections there, and most producers cannot provide spot cargoes with deliveries in May and June, they told Metal Bulletin. Metal Bulletin's latest assessment for fob China min 88.5% WO3 ammonium paratungstate was $332-345 per mtu on Wednesday May 16, up 1.8% from $330-335 the previous week. "APT...

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