GLOBAL TUNGSTEN SNAPSHOT: Chinese APT price weakens on thin demand; European market steady on firm offers

Key data from the pricing sessions in London and Shanghai in the week to Friday November 15.


China
Key drivers

China’s ammonium paratungstate (APT) export market softened in line with weakness in the domestic market and a depreciation of yuan. Thin inquiries in response to muted demand abroad has caused China exporters to cut their offer prices to attract business. China’s domestic tungsten concentrate market continued to...

Published

Ewa Manthey

Huaqing Fu

November 18, 2019

03:37 GMT

Shanghai