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

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.