Average Cost and Profit of Ammonium Paratungstate Industry from May 12, 2025 to May 16, 2025

Published: May 16, 2025 18:32

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May 12-16, 2025 Currently, the supply of upstream raw materials is tight. Due to the reduction in mining quotas, suppliers have generally adopted a strategy of refusing to budge on prices and holding back sales, leading to a continuous increase in the prices of tungsten concentrate ore, which in turn drives up the overall tungsten market prices. Meanwhile, APT prices have surged significantly due to the dual pressures of cost and profit. As downstream enterprises gradually exhaust their low-cost inventory, they have no choice but to purchase high-priced APT, further driving up its prices. This market dynamic has enabled smelters to finally turn losses into profits this week, benefiting from the restocking purchases of downstream enterprises.

May 12-16, 2025

Currently, the supply of upstream raw materials is tight. Affected by the reduction in mining quotas, suppliers have generally adopted a strategy of refusing to budge on prices and holding back on sales, leading to a continuous rise in the prices of tungsten concentrate and subsequently pushing up the overall tungsten market prices. Meanwhile, APT prices have surged significantly due to the dual pressures of cost and profit. As downstream enterprises gradually exhaust their low-cost inventory, they have to purchase high-priced APT, further driving up APT prices. This market dynamic has enabled smelters to finally turn losses into profits this week, benefiting from the restocking purchases of downstream enterprises.

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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