Thanks Muscleman. For those who couln't find it here's the brief article. Also, with the AUD starting to lose ground against the USD it can't hurt our AUD valuations...
APT prices continue to march higher on tightening supply
Spot prices for ammonium paratungstate (APT) continued to rise in last week’s pricing session due to tightening supply in China.
APT prices rise on tighter supply, slower Chinese output. Profit-taking prompts fall in ferro-tungsten prices in China. Cash flow pressure weighs on concentrates prices Metal Bulletin’s benchmark cif Rotterdam quotation for APT rose to $325-334 per mtu on Friday March 16, up $4 at the high end of the range compared with the previous week’s assessment. “There is still resistance for lower prices with people unwilling to let go of their material easily for now,” a trader said. “Tightness is still there with mines not delivering concentrates yet,” the trader added.
