GLOBAL TUNGSTEN SNAPSHOT: Tight concentrate supply in China supports higher APT prices

Key data from the pricing sessions in London and Shanghai in the week ended Friday December 20.



China
Key drivers 

China’s ammonium paratungstate (APT) export price rose by 2.2% last week, supported by the firm tungsten concentrate price.  Spot liquidity was thin despite increased inquiries while overseas customers were busy with year-end reviews and preparing for the upcoming Christmas holidays.  The tungsten concentrate price in China held over the past week. Some market sources predicted the price had the potential to edge up since some downstream refineries will need to replenish stocks...

Published

Ewa Manthey

Ruby Liu

December 23, 2019

11:07 GMT

Shanghai, London