APT prices slip, but market prepared for upward trend in 2007
Dec 01, 2006 | 12:45 PM
| Meghann McDonell
Ammonium paratungstate (APT) prices have dipped as spot orders come close to a standstill while companies balance their order books before the end of the year.
However, APT has managed to hold onto most of the ground it gained on the back of the Chinese export rebate tax cancellation.
Market sources said prices are in a range of $250 to $255 per short ton unit (stu), down from its previous range of $255 to $260 per stu.
"There are a lot of consumers holding back, but we should see more demand into the new year," one trader said. "Either they'll start coming back close to the holidays or early in the new year."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.