The Chinese ammonium paratungstate export price rose by 4.3% week on week in response to continued strengthening in the Chinese market, but some market participants said they expect further uptrend momentum to be limited given the slow increase in the tungsten concentrate prices.
Fastmarkets assessed the export price for tungsten APT 88.5% WO3 min, fob main ports China
at $235-245 per mtu on Wednesday October 16, up from $225-235 per mtu the week before.
Some exporters continued to offer material higher amid increasing domestic concentrate prices. But some sources were cautious about the strength...