GLOBAL TUNGSTEN SNAPSHOT: China APT export market dips; Europe ferro-tungsten falls on weak buying

Key data from the pricing sessions in Asia and Europe for the week-long period to Friday May 10.

China China's ammonium paratungstate (APT) export market fell last week on yuan depreciation after US president Donald Trump’s fresh threats of tariffs on imports of Chinese goods. The tungsten concentrate market was more active after China’s Ganzhou Tungsten Association lowered its tungsten price forecasts for May to reflect the price falls of recent weeks and bearish market sentiment. Tungsten concentrate price moves down after suppliers cut offers to attract buying interest. ...

Published

Ewa Manthey

Huaqing Fu

May 13, 2019

11:40 GMT

London, Shanghai