GLOBAL TUNGSTEN WRAP: China supply concerns boost buying appetite for APT

By Anna Xu / May 07, 2018 / www.metalbulletin.com / Article Link

Both the European spot and Chinese export ammonium paratungstate (APT) markets saw a greater number of inquiries over the past week amid persistent worries about possible supply disruptions in China resulting from ongoing environmental inspections in the country's Jiangxi province - a major production hub for APT.

Concerns over disruptions at APT smelters in Jiangxi province continued More inquiries were seen in the European spot and Chinese export markets for APTEuropean ferro-tungsten prices boosted by robust APT market despite sluggish spot demandMetal Bulletin assessed the fob China APT price at $326-330 per metric tonne unit (mtu) on Wednesday May 2, up 1.2% from $320-328 per mtu in the prior week."We sold around 150 tonnes of APT at $326 and $329 [per mtu] over the past week, and there are several inquiries we now cannot feed as we do not have the spot cargoes," one major Chinese tungsten...

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok