North American Tungsten Corporation Ltd (NATUF)

[makinezmoney]

$NATUF: Very Tight Supply of Ammonium ParaTungstate (APT)


Prices keep on going higher...........


https://www.metalbulletin.com/Article/3976778/Supply-of-tungsten-concentrate-in-China-remains-tight-firmer-demand-pushes-up-APT-price.html

Supply of tungsten concentrate in China remains tight; firmer demand pushes up APT price
China’s domestic tungsten market strengthened this past week, with prices for concentrate and ammonium paratungstate (APT) climbing steadily since participants returned from the country’s Lunar New Year holiday over February 11-17.

At the same time, Chinese APT exporters raised their offers in response to the higher cost of sourcing the material in the domestic market.
Tight supply of concentrate
Participants with tungsten concentrate on hand were reluctant to sell this week, citing limited stocks, and buyers had to pay higher prices to secure a deal, market sources told Fastmarkets.
Sources added that they did not expect the situation to ease in the next few weeks.
Fastmarkets’ weekly price assessment for tungsten concentrate 65% WO3, in-whs China was 94,000-95,000 yuan ($14,553-14,708) per tonne on Wednesday February 24, up by 3,000-4,000 yuan per tonne (3.8%) from 90,000-92,000 yuan per tonne a week earlier.
The price assessments on February 10 and 17 were rolled due to the Lunar New Year holiday, in line with Fastmarkets’ holiday pricing schedule.
“Some mining plants in Jiangxi province haven’t...




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