GLOBAL TUNGSTEN WRAP: Chinese environmental inspections continue to boost APT prices

By Anna Xu / May 01, 2018 / www.metalbulletin.com / Article Link

Continued concerns about output in major production hub Jiangxi province amid a new round of environmental inspections there boosted ammonium paratungstate (APT) and concentrates prices last week, while ferro-tungsten prices were under pressure due to weakening demand.

Production disruptions in Ganzhou, Jiangxi province, support APT prices  Ferro-tungsten prices under pressure amid weakening demand, quiet spot market Chinese export prices for APT have widened downward, but tightness in the domestic market continues and worries that environmental inspections in major production hub of Jiangxi province will disrupt production are still supporting price sentiment. Metal Bulletin assessed fob China APT prices at $320-328 per metric tonne unit on Wednesday April 25, representing a $5 drop on the low end of the range from the previous week's assessment of $325-328 per mtu. "APT smelters are prohibited from depositing their smelting slag at random outside...

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