CHINA TUNGSTEN SNAPSHOT: APT export offers rise amid tight supply; concentrates dip on low APT operation rates

By Anna Xu / January 11, 2018 / www.metalbulletin.com / Article Link

Key data from Metal Bulletin's Wednesday January 10 pricing session in China.

Tungsten concentrates 65% WO3 in warehouse China RMB/tonne Key drivers: - Ammonium paratungstate (APT) smelters in Ganzhou, Jiangxi province are still running low operation rates. - Demand for tungsten concentrates from APT smelters decrease, so [domestic] tungsten concentrates prices dipped slightly. Key quotes: - "Prices of domestic black tungsten concentrates 65% slid to 113,000-115,000 yuan ($17,385-17,692) per tonne, down by around 500 yuan...

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