GLOBAL TUNGSTEN WRAP: European APT prices surge amid tightness; supply disruptions continue to support Chinese APT prices

By Anna Xu / June 19, 2018 / www.metalbulletin.com / Article Link

Ammonium paratungstate (APT) prices continued to be buoyed in the latest pricing sessions by producer shutdowns in China's Jiangxi province, with the effects felt in the European market too.

Low availability in the ammonium paratungstate market continues, but the export market saw fewer inquiries in the past week  Prices for domestic tungsten concentrates and fob China ferro-tungsten remained flat amid feeble demand in the spot market  European ammonium paratungstate prices strengthened due to supply tightness, but ferro-tungsten prices remained flat Metal Bulletin assessed fob China APT prices at $342-349 per metric tonne unit (mtu) on Wednesday June 13, compared with $343-350 per mtu the week before. "I do not have spot cargoes to sell now but signed an order at $349 [per mtu] with delivery in early July," one Jiangxi-based exporter said. "Stoppages...

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