CHINA TUNGSTEN SNAPSHOT: APT, concentrate prices slide; participants await developments on output cuts

Key data from the pricing session in Shanghai in the week ended Thursday June 6.

Key drivers Downtrend in Chinese ammonium paratungstate (APT) price continues amid soft domestic demand that emerged in mid-May. A bid for APT from Xiamen Tungsten, one of China’s largest tungsten producers, was heard at 140,000 yuan ($20,258) per tonne in the domestic market at the beginning of last week. The latest bid, for delivery in the first half of June, is down by 5,000 yuan...

Published

Huaqing Fu

June 10, 2019

10:41 GMT

Shanghai