GLOBAL TUNGSTEN SNAPSHOT: Fanya stock concerns continue to weigh on European APT price

Key data from the pricing sessions in London and Shanghai in the week ended Friday August 9.




Europe
Key drivers 

The ammonium paratungstate (APT) price fell more than 5% last week on competitive offers from suppliers and falling forward prices. The market is now at its lowest since February 2017 amid continuously weakening demand.  The price of ferro-tungsten was unchanged with spot activity slightly improving last week and business concluded within the range. Spot availability remains...

Published

Ewa Manthey

Huaqing Fu

August 12, 2019

13:13 GMT

London, Shanghai