China APT export price up on strengthened domestic market

Chinese ammonium paratungstate (APT) exporters raised their offer prices amid higher procurement costs in domestic market, Fastmarkets learned.

Fastmarkets’ weekly price assessment for tungsten APT 88.5%WO3 min, fob main ports China was $265-272 per metric tonne unit (mtu) on Wednesday April 14, up by $3 per mtu (1.1%) from $262-269 per mtu the previous week.

Some sources said they have received several overseas inquiries that asked for prompt material and they had been offered prices no less than $270 per mtu.

“Overseas buyers asked me whether my company had inventory stocked at European warehouses. I told them that very few Chinese companies still have material for...

Published

Ruby Liu

April 15, 2021

09:45 GMT

Shanghai