GLOBAL TUNGSTEN WRAP: Chinese export prices fall further; European market stabilizes

By Anna Xu / September 10, 2018 / www.metalbulletin.com / Article Link

Export prices for Chinese ammonium paratungstate (APT) and ferro-tungsten fell further in the week ended Friday September 7 amid lower domestic prices and lackluster demand from overseas markets, while market prices in Europe were unchanged in a slow week there.

Fob China ammonium paratungstate prices were under continued pressure due to sluggish demand from overseas markets and falls in domestic prices  Prices for tungsten concentrates stabilized due to resistance to further price falls amid squeezed profits  Prices for European ammonium paratungstate and ferro-tungsten were steady amid limited spot activities Metal Bulletin assessed ammonium paratungstate prices min 88.5% WO3 fob China at $280-285 per metric tonne unit on Wednesday September 5, down 1.6% week on week. Market participants attributed the fall in export prices to a...

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