[Tungsten Express] SMM, August 3: According to SMM data, China's APT p

Published: Aug 3, 2026 11:59

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[Tungsten Express] SMM, August 3: According to SMM data, China's APT production fell about 1% MoM in July. Downstream demand was in the off-season, enterprises mostly scheduled production based on orders, some enterprises slightly cut production, and the industry operating rate was around 72.7%. Entering August, due to high inventory levels in the earlier period and a significant decline in industry profitability, some enterprises may focus on cutting production to clear inventory. APT production in August is expected to mainly edge down MoM.

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