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[Ferro-Alloys.com]Chinese APT was offered at RMB163,000-164,000/mt (USD26,721-26,885/mt, export duty excluded) due to sluggish demand. APT transaction price lowered with its raw materials cost. APT suppliers produced according to their orders. It is expected that APT price would lack upward momentum because of low transaction volume in the market.

After summer vacations ended, European market recovered much. Exporters received some inquiries, but they couldn’t reach agreement. Japanese and S Korean customers mainly purchased APT from China, so Jiangxi exporter sold several containers at USD360/mtu. It is expected that overseas APT would keep steady, as the demand didn’t rise much.

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• [Editor:Mango]