APT market trades at two-year high on tight supply, strong demand

The European ammonium paratungstate (APT) market continued to trade at its two-year high on Friday April 16, supported by tightening prompt supply and healthy end-user demand.

Fastmarkets assessed the tungsten APT, 88.5% WO3 min, cif Rotterdam and Baltimore price at $270-278 per metric tonne unit (mtu) on Friday – a level it has maintained for the past four weeks. The price is up by 17.85% from the beginning of the year when it stood at $230-235 per mtu.
“Demand is still strong and there is tightness in the market. Consumers in Europe and the US are short and trying to buy more material,” a trader said.

The intermediates market is trading at its highest since...

Published

Ewa Manthey

April 19, 2021

13:49 GMT

London