Average Cost and Profit of Ammonium Paratungstate Industry, 3/24-3/28, 2025

March 24-28, 2025

This week, the average cost in the APT industry was 208,836 yuan/mt, with an average industry profit of -1,136 yuan/mt and an average profit margin of -0.55%.

Currently, the tungsten market continues to exhibit a tug-of-war between supply and demand. The supply of upstream raw materials is tight, while some just-in-time procurement orders have emerged in the market, pushing the price center upward. In this context, smelter costs have increased, but due to the rise in just-in-time procurement by downstream players, corporate profits have also improved. Although losses still exist, the overall profit margin has rebounded.