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...