GLOBAL TUNGSTEN WRAP: APT markets quiet; ferro-tungsten price edges down in Europe

December 04, 2018 / www.metalbulletin.com / Article Link

The ammonium paratungstate (APT) market was subdued in the week ended Friday November 30 while the ferro-tungsten price in Europe nudged lower.

APT prices in China and Europe stable amid slow trades Concentrates market quiet Ferro-tungsten price in Europe edges down; Chinese prices unchanged In Europe, Fastmarkets assessed the free market ammonium paratungstate price at $275-295 per metric tonne unit, cif Rotterdam - a range it has maintained for the past seven weeks. "Demand is still quite low, there's some material in Rotterdam but no one is buying," a consumer said. "Offer prices edged down but buyers are still reluctant to purchase material," a trader said. On the supply side, market participants are eyeing environmental inspections in China, which...

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