Concerns about output in major tungsten production hub Jiangxi province, amid a new round of environmental inspections continued to support ammonium paratungstate (APT) and concentrates' prices last week, while ferro-tungsten prices suffered from falling demand.
Production disruptions in Ganzhou, Jiangxi province support APT and concentrates markets Ferro-tungsten falls amid weakening demand, but downfall is limited Metal Bulletin assessed fob China APT prices at $325-328 per metric tonne unit on Wednesday April 18, unchanged from the previous week."I have concluded one deal for APT at $325 and one for yellow tungsten oxide at $326 over the past week, and maintained my offers at $326-328 as I hold an optimistic view toward the price next month," one exporter told Metal Bulletin. The continuous tight supply in the APT market over the past four months will become more severe going forward owing to supply disruptions after the environmental inspection team arrived in Jiangxi province, a major tungsten production hub, 10 days ago, sources said. "My production...