GLOBAL TUNGSTEN WRAP: Concentrate price drops; APT spot price intact on slow activity

November 13, 2018 / www.metalbulletin.com / Article Link

The black tungsten concentrate price in China moved down on low buying interest from downstream consumers, while the ammonium paratungstate (APT) market was quiet with little spot business concluded and the market awaiting further direction.

Concentrates price edges down amid softening market  APT prices in both China and Europe remained stable  Ferro-tungsten price flat in Europe on good spot demand In Europe, the free market APT price was assessed at $275-295 per mtu on Friday - a level it has maintained for the past four weeks. "There's been no inquiries, no interest and no one is looking for any material at the moment," a trader said. "It looks like the market is in wait-and-see mode with all the inspections talk coming out...

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