Chinese APT, concentrate prices boosted by supply constraints
European APT prices hold firm on tight supply
European ferro-tungsten market continues to see subdued spot demand
Fob China ammonium paratungstate (APT) prices rose for the fifth week in a row, bolstered by tight availability in the spot market after many APT smelters in Jiangxi province, the largest APT production hub in China, halted production for slag treatment.
Metal Bulletin assessed tungsten APT export min 88.5% WO3 prices fob China at $343-350 per metric tonne unit on Wednesday May 30, up 1.2% from $340-345 in the prior week and the highest since late December 2014.
Sentiment in the APT sector has been robust since...