GLOBAL TUNGSTEN SNAPSHOT: APT, ferro-tungsten up on supply concerns amid coronavirus outbreak

Key data from the pricing sessions in London and Shanghai in the week ended Friday February 7.

China Key drivers China’s export ammonium paratunsgate (APT) price increased 2.2% amid tight prompt availability. Exporters do not have enough spot cargoes at hand. APT refineries would have low operation rates given the virus protection measures they need to take, if they could resume production after February 17 as scheduled. Delivery for APT orders signed before Chinese New Year holiday have been delayed due to the constraint on logistics, according to market sources. China’s tungsten concentrate price...

Published

Ewa Manthey

Ruby Liu

February 10, 2020

11:40 GMT

Shanghai, London