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Chinese APT Price kept Steady, While European APT Price Dipped

Friday, August 29, 2014
Source:ferro-alloys.com

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Keywords:FeW W concentrates APT ferrotungsten

[Fellow][Ferro-Alloys.com]Chinese APT was offered at RMB-/mt, but real transaction price was RMB-/mt .

[Ferro-Alloys.com]Chinese APT was offered at RMB166,000/mt (USD27,213/mt, export duty excluded), but real transaction price was RMB163,000-164,000/mt (USD26,721-26,885/mt, export duty excluded) . Downstream buyers purchased small volumes amid depressed market.

European APT price dropped to USD350-360/mtu, and participants reported lower offer and weak demand. The market was quite quiet, and expected to last till September. Sentiments has been subdued, therefore leading to fall offer.

[Editor:Mango]

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