Ammonium paratungstate (APT) and ferro-tungsten prices were unchanged in Europe last week with China slowly coming back to the market following the Lunar New Year holiday, while the concentrate price continued to gain support from tight supply.
APT market quiet; bearish sentiment continues Concentrate price continues to gain support from tightening supply Ferro-tungsten prices in China and Europe unchanged The benchmark European ammonium paratungstate price was unchanged at $260-270 per metric tonne unit (mtu) on Friday February 15 - a price level it has maintained for the past six weeks. Little spot business was transacted last week and offers were heard at $264-270 levels. The uncertain macroeconomic environment continues to weigh on the sentiment in the tungsten market, market participants noted. "The trade war between China and the US and the general slowdown in the global...