Ammonium paratungstate (APT) prices remained supported, with a new round of environmental inspections expected to take supply out of the market.
Environmental inspections team to return to Jiangxi, Hunan provinces; APT price supported Ferro-tungsten prices range-bound on weak demand, oversupply Concentrates prices unchanged awaiting clear market directionFastmarkets MB assessed the European APT price at $275-295 per metric tonne unit (mtu) on Friday October 26, unchanged from the previous week.The spread remained wide, market participants said, with offers for prompt material ranging from $275 to $295 per mtu."China is trying to raise prices but there's no need for material in Europe," a trader said. "There is still material on the water and people are not willing to pay the higher numbers.""The inspections talk is back, with China talking higher numbers domestically," another trader said.The APT price in Europe peaked this year at $350-354 per mtu on June 22 after environment-related production...