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APT prices rise; market tensions remain

February 13, 2013 - 14:15 GMT Location: London

KEYWORDS: APT , noble alloys , prices , buyer , trader

The ammonium paratungstate (APT) market continued to attract consternation on Wednesday February 12, as arguments over pricing remained largely unresolved.

Some market participants suggested that despite the official Chinese line on prices, which attests that levels should be either side of $350 per mtu, business is being conducted at much lower levels. Others, meanwhile, have said prices should be considerably higher, even after the Metal Bulletin in-warehouse Rotterdam quotation moved up at the end of last week and again on Wednesday. Metal Bulletin’s European...

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