APT prices in China and Europe supported at current levels
Concentrate tightness in China continues but new round of safety inspections in Jiangxi unlikely to add support
Ferro-tungsten market in Europe firm amid continuous prompt tightness
Fastmarkets assessed the China export APT price at $270-277 per metric tonne unit (mtu) fob China on Wednesday March 27, unchanged from the previous week.
Most sellers are keeping their offers unchanged in line with the steady upstream tungsten concentrate price. There are no signs of prices softening in the near term, market sources said.
“I heard some deals at $275 for oxides and I don’t expect APT prices to drop much,”...