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

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.