GLOBAL TUNGSTEN WRAP: China’s environmental inspections continue to push APT prices higher

Both the European spot and Chinese export ammonium paratungstate markets continued to move higher last week amid concerns of supply disruptions due to continued environmental inspections in China.

Concerns over disruptions at ammonium paratungstate smelters in Jiangxi province, a major production hub, continue  More inquiries were seen in the European spot and Chinese export markets for ammonium paratungstate  Ferro-tungsten prices continued to lag behind amid weak demand Positive momentum for China ammonium paratungstate prices persisted last week buoyed by domestic tightness and robust buying interest from overseas markets. Metal Bulletin assessed fob China min 88.5% WO3 ammonium paratungstate prices at $330-335 per mtu on Wednesday May 9, up 1.4% from $326-330 the previous week. “I sold over 100 tonnes of APT [ammonium paratungstate], YTO [yellow tungsten oxide] and BTO [blue tungsten oxide] in total over...

Published

Anna Xu

Ewa Manthey

May 14, 2018

17:34 GMT

London, Shanghai