Average Cost and Profit of Ammonium Paratungstate Industry, April 21-25, 2025

Published: Apr 25, 2025 16:10

Save

April 21-25, 2025 Currently, the tight supply of upstream raw materials has led suppliers to generally stand firm on quotes and hold back sales, causing the price of tungsten concentrate to continue rising. This has further increased the raw material costs for smelters, severely compressing the profit margins of enterprises. Although product prices have risen due to the impact of ore prices, the increase has been limited. As downstream market demand has not improved, the profit margins of enterprises have not seen any improvement. This week, the profit of APT continued to decline, and the inverted price situation of smelters is difficult to improve in the short term.

April 21-25, 2025

Currently, the tight supply of upstream raw materials has led suppliers to generally stand firm on quotes and hold back sales, resulting in a continuous rise in tungsten concentrate prices. This has further increased the raw material costs for smelters, severely compressing the profit margins of enterprises. Although product prices have risen due to the impact of ore prices, the increase has been limited. As downstream market demand has not improved, the profit margins of enterprises have not seen any improvement. This week, the profit of APT continued to decline, and the inverted price situation of smelters is difficult to improve in the short term.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Strong Wait-and-See Sentiment; the Tungsten Market Awaited Transaction Stabilization [SMM Tungsten Daily Review]

[SMM Tungsten Daily Review: Strong Wait-and-See Sentiment as the Tungsten Market Awaited Stabilization in Transactions] SMM News, March 18 Tungsten market prices were largely stable today, with only minor fluctuations, and the market showed strong wait-and-see sentiment. Trading volume in segments such as tungsten ore and APT was sparse, with transaction prices mostly hovering around the quoted price range. Transactions for downstream products such as powder were also limited, and transaction prices showed a slight downward trend.

1 hour ago

19 hours ago

Magnesium Ingot Transactions Increased, Rigid Demand Support Became More Evident, and a One-Sided Market Trend Was Unlikely in the Short Term [SMM Spot Magnesium Ingot Flash Report]

[Magnesium Ingot Transactions Increased Significantly, Rigid Demand Support Became More Evident, and a One-Way Market Was Unlikely in the Short Term] Today, quotations in the main production areas for 99.90% magnesium ingot were 16,600-16,700 yuan / mt, and low-priced supply in the market increased.

19 hours ago

Mar 17, 2026 11:25

High Costs Drove a Second TiO2 Price Increase Within the Month, While Diverging Domestic and External Demand Tested the Sustainability of the Price Rise [SMM Titanium Spot Flash Report]

[SMM Titanium Spot Update: High Costs Drive a Second Titanium Dioxide Price Increase Within the Month, While Diverging Domestic and External Demand Tests the Sustainability of the Hike] In mid-March, titanium dioxide enterprises in China collectively issued a second round of price increase notices within the month, raising domestic prices by 500 yuan/mt and export prices by $100/mt, mainly because elevated sulphuric acid prices forced cost pass-through. At present, enterprises are operating at full capacity, but mediocre domestic demand and foreign trade constrained by geopolitical factors have intensified market divergence. Expectations of tighter sulphuric acid supply still support confidence to hold prices firm, but the sustainability of the price increase remains to be verified by follow-up demand.

Mar 17, 2026 11:25