GLOBAL TUNGSTEN WRAP: European APT price rises on increased spot activity

October 23, 2018 / www.metalbulletin.com / Article Link

The ammonium paratungstate (APT) price edged up in Europe at the end of last week, credited to a pick-up in spot activity and amid talks of another round of environmental inspections in China that could take supply out of the market.

Fastmarkets' APT quotation in Europe moved up for the first time since June Concentrate prices edge up slightly; market awaits clearer direction Ferro-tungsten price in China falls on weak demand; European price stable Fastmarkets MB assessed the European APT price at $275-295 per metric tonne unit (mtu) on Friday October 19, up from $275-290 per mtu the previous week. The price had maintained the previous range since August, with this week marking the first move up since June. Offers for prompt material ranged $275-295 per mtu with business concluded at $295 per mtu in the week to last...

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