Tight raw material supply keeps APT price at 2-year highs

摘要

Limited raw materials availability has continued to support the ammonium paratungstate (APT) price at two-year highs amid a pick-up in spot demand, with alloy prices following slightly higher. Fastmarkets assessed the tungsten APT, 88.5 WO3 min, cif Rotterdam and Baltimore price at $263-268 per metric tonne unit (mtu) on Friday March 5, up from $260-265 per mtu in the previous week. The market continues to trade at its strongest since early June 2019, when the price stood at $260-270 per mtu, according to Fastmarkets’ historical data.