Rising tungsten concentrate prices in China add to APT production costs

Rising Chinese tungsten concentrate prices, driven up after safety inspections at mines restricted supplies, have led to an increase in ammonium paratungstate (APT) prices as producers responded to the higher feedstock costs, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for tungsten concentrate 65% WO3, in-whs China was 98,500-100,000 yuan ($15,203-15,435) per tonne on Wednesday June 23, up by 500-1,000 yuan per tonne, or 0.8%, from 98,000-99,000 yuan per tonne a week earlier.

Sources said that this year June was “safe production month” in China, with safety checks carried out across the country. Companies are also required to implement self-inspections to ensure they have abided by regulations and...

Published

Ruby Liu

June 24, 2021

09:50 GMT

Shanghai