This week, the average cost in the APT industry was RMB 211,515 per ton, with an average industry profit of RMB -2,115 per ton and an average industry profit margin of -1.01%.
Due to increased reluctance among mine-end holders to sell and their determination to maintain prices, the supply of tungsten raw materials further tightened, driving up bulk quotes for tungsten concentrate. However, as the downstream market has a low acceptance of rising raw material prices, APT prices are difficult to increase, leading to an exacerbation of the cost inversion phenomenon.
![[Análisis de SMM] El precio del carbón se disparó, elevando el coste del calcio crudo](https://imgqn.smm.cn/usercenter/pAOxy20251217171725.jpg)
