GLOBAL TUNGSTEN WRAP: Chinese concentrates prices lead the market down further; European ferro-tungsten falls

By Anna Xu / April 02, 2018 / www.metalbulletin.com / Article Link

Chinese tungsten concentrates market continued to fall, and exporters in ammonium paratungstate (APT) and ferro-tungsten markets adjusted offers lower accordingly. European ferro-tungsten went down again, but APT was flat over the past two weeks.

Expectations that more miners will restart press down the tungsten concentrates prices in China  Buying interest in APT decreased  European market under pressure amid profit-taking activities Metal Bulletin assessed Chinese tungsten concentrate 65% WO3 prices at 111,000-112,000 yuan ($17,675-17,834) per tonne on Wednesday March 28, down 1,500 yuan from the prior week. "Buying activity increased in tungsten concentrates market over the past week [during March 14-21] and big...

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