North American Tungsten Corporation Ltd NATUF

APT prices move higher

[RGS1]

APT prices turn sharply higher APT prices turned sharply upward in the US. Buyers reported that they are having difficulty even finding material. “I doubt that I will be able to get anything below $110 per stu,” said one source early in the week. The next day sales were booked at $120 per stu. “There is nothing around. I don’t know where you would go to buy if you were short,” said a consumer. “Unless you have a couple of months worth of inventory, you are in deep trouble,” he added. Ore prices have not moved up as fast as APT prices, possibly because people are able to purchase from the DLA stockpile. European APT prices do not seem to be rising as quickly as in the US. However, European FeW prices have rising more rapidly than US prices. Traders report that they have paid over $16 per kg for FeW. Ryan's Notes News