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Hopeful Sentiment for Fanya APT Stocks Auction Supported Price

From:  Date:2018/8/6 12:51:57  Click:

Sentiment in the ammonium paratungstate (APT) market improved in the week ended Thursday September 12 in anticipation of a successful auction of tungsten stocks held by the defunct Fanya Metal Exchange and amid tightening concentrates supply in China.

The supply of tungsten raw material prices continued to remain tight under environment protection and mining enterprises stopping production to undergo repair. The persistent low transaction prices and high mining costs increased sellers' strong rised mentality and thus tungsten ore prices got supported. 

For the APT market, as the auction of Fanya stockpiles will soon come to an end, hopeful sentiment supported the APT prices. It was difficult to purchase resources when prices were lower than 198.6/mtu. The actual transactions also were hardly concluded. The market is expected to be caught in wait-and-see atmosphere before the end of Mid-Autumn Festival. 

Prices of tungsten products on Sep. 16, 2019

Product

Specification/WO3 Content

EXPORY PRICE(USD,EXW,CHINA)

Ferro Tungsten

≥70%

20,454.50 USD/TONNE

Ammonium Paratungstate

≥88.5%

200.30 USD/MTU

Tungsten Powder

≥99.7%

27.60 USD/KG

Tungsten Carbide Powder

≥99.7%

27.30 USD/KG

1#Tungsten Bar

≥99.95%

38.60 USD/KG

Cesium Tungsten Bronze

≥99.9%

288.00 USD/KG

Disclaimer:The above quotation is only for reference of marketing price instead of contract price. We has no responsibility for any potential marketing risk.

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Add.:Building 13, Zuanshijiayuan Community, Shangganchong,
HuangHe south R.D TianYuan District, Zhuzhou Hunan P.R China.
Tel:+86-18073352310
E-mail:sales@zztungsten.com
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