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Chinese APT Price Kept Steady, and Expected to Drop Later

Thursday, September 25, 2014
Source:ferro-alloys.com

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Keywords:W concentrates FeW ferrotungsten APT

[Fellow][Ferro-Alloys.com]Chinese APT was offered at RMB162,000-163,000/mt (USD26,557-26,721/mt, export duty excluded), but transacted at RMB158,000-159,000/mt (USD25,901-26,065/mt, export duty excluded). A Jiangxi APT supplier reported several sales to old customers....

[Ferro-Alloys.com]Chinese APT was offered at RMB162,000-163,000/mt (USD26,557-26,721/mt, export duty excluded), but transacted at RMB158,000-159,000/mt (USD25,901-26,065/mt, export duty excluded). A Jiangxi APT supplier reported several sales to old customers. Suppliers might face loss if price rose further.

With the National Day holidays approaching, downstream buyers sent inquiries, but bids were too low. APT suppliers rejected to drop offer, constrained by cost.

It is expected that APT price would drop amid soft demand.

[Editor:Mango]

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