Average Cost and Profit of Ammonium Paratungstate Industry from May 6, 2025 to May 9, 2025

Published: May 9, 2025 16:13

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May 6, 2025 - May 9, 2025 Currently, due to the reduction in upstream tungsten concentrate mining quotas, market supply is tight, leading to a continuous rise in tungsten concentrate prices. This situation has significantly increased the raw material costs for smelters, thereby severely compressing the profit margins of enterprises. Despite the overall increase in tungsten market prices driven by tight supply, the price increase of APT has failed to keep pace with the rise in raw material prices due to the relatively stable downstream demand. The continuous rise in tungsten concentrate prices has further eroded the profits of APT this week, and the situation of smelters operating at a loss is unlikely to improve in the short term.

May 6, 2025 - May 9, 2025

Currently, due to the reduction in upstream tungsten concentrate mining quotas, there is a tight supply in the market, leading to a continuous increase in tungsten concentrate prices. This situation has significantly increased the raw material costs for smelters, thereby severely compressing the profit margins of enterprises. Despite the overall rise in tungsten market prices due to the tight supply, the increase in APT prices has failed to keep pace with the rise in raw material prices due to the relatively stable downstream demand. The continuous increase in tungsten concentrate prices has further eroded the profits of APT this week, and the situation of smelters operating at a loss is unlikely 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.

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