APT Price Showed Decline on Competitive Offers from Suppliers

Details: Category: Tungsten's News; Published on Friday, 16 August 2019 09:09

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) price in China tended to fall but still kept stable last week on competitive offers from suppliers and falling forward prices. The market is now at its lowest since February 2017 amid continuously weakening demand. The price of ferro-tungsten was unchanged with spot activity slightly improving last week and business concluded within the range.

European ferro-tungsten price edged up by $0.30 on the high end of the range midweek from $27.70-28.50 per kg with business concluded within the current range. Tightening spot availability in Europe continues to support the market with offers moving up in the second half of last week up to $29 per kg, although the assessed price held firm.

Prices of tungsten products on Aug. 14, 2019

APT price image