GLOBAL TUNGSTEN SNAPSHOT: Fanya APT stock auction adds to bearish sentiment; concentrate tightness supports Chinese price

September 03, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in London and Shanghai in the week ended Friday August 30.




China
Key drivers 

China's ammonium paratungstate (APT) export market was kept stable over the past week by limited spot trading.The announcement of the auction of all APT stocks held by the collapsed Fanya Metal Exchange is adding to already bearish sentiment in the market in China and Europe.  All...

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