GLOBAL TUNGSTEN WRAP: APT prices under pressure after smelters in Jiangxi partially restart production

Prices for ammonium paratungstate (APT) dropped in both China and Europe last week after some idled smelters in Jiangxi province restarted operations, coinciding with the start of the summer demand lull.

Chinese, European APT prices under pressure  Partial APT production restarts in Jiangxi province  Spread between prompt and shipment APT prices narrows amid weak demand
Metal Bulletin’s latest assessment for ammonium paratungstate min 88.5% WO3 APT fob China dipped to $340-345 per metric tonne unit on Wednesday July 4, down from $340-348 the previous week.

“Few inquiries in the export market have been seen; our offers are around $343-345 to overseas end users and I also heard $340 to traders,” one major APT exporter told...

Published

Anna Xu

Ewa Manthey

July 09, 2018

11:39 GMT

London, Shanghai