GLOBAL TUNGSTEN SNAPSHOT: Chinese prices soften; Europe market steady

Key data from the pricing sessions in London and Shanghai in the week ended Friday May 24.

China China’s ammonium paratungstate (APT) export price declined due to a lack of demand. Buyers have reduced the amount of material they would typically keep in their inventories in recent months, which market sources say has contributed to the decline in demand. Participants noted a large number of APT cargoes were sold at lower prices in the domestic market amid suppliers’ willingness to destock. Tungsten concentrate prices in China edged down...

Published

Charlotte Radford

Huaqing Fu

May 27, 2019

06:57 GMT

Shanghai, London