[Ferro-Alloys.com] Ammonium paratungstate prices in Europe could begin to fall in the coming months as tungsten concentrate prices in China come off, market participants told.

 

The tungsten concentrate price in China was at 135,000-140,000 yuan ($21,907-22,718) per tonne on September 6, down from highs of 155,000-158,000 yuan in July and August. European APT prices remained at $395-425 per mtu on Wednesday September 11, but have begun to slacken in recent days. “I would be surprised if the concentrate price in China is artificially kept up. We’ve heard they’re running out of money,” a producer said.