RE:RE:RE:Anonymous sellerwhoisyourpapa wrote: The APT (Ammonium Paratungstate) price is hovering around $375.1/mtu. Calculated based on the current price of tungsten concentrate, smelters are still in an inverted or stagnant state, with pressure unabated and overall smelting operating rates remaining low. Senior industry insiders who have been deeply involved in the industry for decades have detailed to Chinatungsten Online that, considering the current price of $36,714.3/ton of tungsten ore plus various costs such as mining consumption and processing taxes, the reasonable price of APT should be around $395.5/mtu to achieve an average profit margin of about 5% in the non-ferrous metal industry. Obviously, the current APT price in the market is unsatisfactory.
The figures quoted represent a $5.00 US. increase from yesterday!