GLOBAL TUNGSTEN SNAPSHOT: Tightening concentrate supply supports APT, ferro-tungsten prices

Key data from the pricing sessions in London and Shanghai in the week to Friday December 6.




China
Key drivers 

China’s domestic tungsten concentrate price moved up over the past week, supported by limited market supply. Some market sources expect the supply shortage to last until March 2020, given that producers may not be able to resume production very quickly after the Chinese New Year holiday over January 24-30.  Major producers chose to use their own tungsten concentrate for the production of downstream products, leaving limited volume of tungsten concentrate flowing...

Published

Ewa Manthey

Ruby Liu

December 09, 2019

11:13 GMT

Shanghai, London