Positive sentiment kept APT prices elevated, China domestic price rises
Concentrate price moves up due to supply tightness
Ferro-tungsten range widens on pick-up in destocking activity
Fastmarkets assessed the price for tungsten APT 88.5% WO3 min, fob main ports China at $196-205 per metric tonne unit (mtu) on Wednesday September 11, unchanged for a fifth consecutive week. The export price has been underpinned by a rise in the domestic APT market in anticipation of a successful Fanya auction.
The export market held at current levels ahead of the announcement of the auction result for the entire APT stock held in the defunct Fanya Metal Exchange. The auction began on Monday September 16 at 10am Beijing time. At the time of publication,...