Ammonium paratungstate (APT) prices were stable in both China and Europe last week with few spot deals reported because most market participants were gathering in Chengdu, China, for the International Tungsten Industry Association (ITIA) conference. Meanwhile, ferro-tungsten prices in Europe dropped on lower concluded deals.
APT prices stable; few spot deals reported Concentrate prices unchanged Ferro-tungsten prices in Europe edge down Fastmarkets MB assessed the fob China ammonium paratungstate price, min 88.5% WO3, at $280-286 per metric tonne unit on Wednesday September 26, unchanged from the previous week. "We came to Chengdu on Mid-Autumn day Monday September 24 to meet our customers from all over the world and maintained our offers at $283-285 [per mtu], but no spot deals were secured," a major exporter told Fastmarkets MB in Chengdu. "Most of our sales...