European Ammonium Paratungstate（APT）Market

European ammonium paratungstate (APT) market participants revealed that China export prices edged up USD5-10mtu last week with mainstream offers between USD355-365mtu CIF Rotterdam.

As a result, movement in the European spot market was non-existent as stockholders refused to budge on their current offers of between USD340-350mtu in warehouse Rotterdam, whilst buyers from the tungsten carbide and tungsten powder industries shunned these prices claiming that downstream tungsten product prices have shown little improvement in recent months.

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