IMPACTS OF RUSSIA-UKRAINE CONFLICT ON TUNGSTEN MARKET & PRICE PART V OF X RMB Exchange Rate VS Price of Tungsten Under The Background of the Russia-Ukraine Conflict The conflict between Russia and Ukraine has had a great impact on the world economy, which has not yet fully recovered due to the epidemic. The sanctions imposed by Europe and the United States on Russia’s energy exports, overseas assets and swift settlement system, and the counter-measures taken by Russia to strengthen the…

IMPACTS OF RUSSIA-UKRAINE CONFLICT ONTUNGSTEN MARKET & PRICE PART IV OF X Political & Economic Environment Production Cost of China’s Tungsten Products in 2022 (2/2) After talking about so much about the impact of raw and auxiliary materials, processing costs and price fluctuations related to the upstream and downstream of the tungsten products industry chain, we should talk about several important things that seem to have no direct relationship with tungsten products in the past period of time and have…

IMPACTS OF RUSSIA-UKRAINE CONFLICT ON TUNGSTEN MARKET & PRICE PART IV OF X Political & Economic Environment Production Cost of China’s Tungsten Products in 2022 (1/2) In the first three parts of this paper, we gradually introduced the various military uses of tungsten products as important strategic materials under the background of the conflict between Russia and Ukraine, and clarified the importance and strategic significance of tungsten products under the haze of regional tension and war; We also introduced the…

IMPACTS OF RUSSIA-UKRAINE CONFLICT ON TUNGSTEN MARKET & PRICE PART III OF X The Price Trend of Tungsten Under the Background of the Russia-Ukraine Conflict In the PART I of this paper, we introduce all aspects of the military use of tungsten products as an important strategic material under the background of the conflict between Russia and Ukraine, and then clarify the importance of tungsten products under the situation of regional tension and cloudy war; In the second part, we…

IMPACTS OF RUSSIA-UKRAINE CONFLICT ON TUNGSTEN MARKET & PRICE PART II OF X Overview of Russia’s Tungsten Resources and the Relationship with China Tungsten Industry When it comes to Russia, my first thought word is “vast territory and abundant resources”. As the world’s largest country, Russia has 17 million square kilometers of territory across Euro and Asia, facing the Americas across the Bering Strait in the northeast and the Arctic in the north. Although 60% of Russia’s territory belongs to…

IMPACTS OF RUSSIA-UKRAINE CONFLICT ON TUNGSTEN MARKET & PRICE PART I OF X Brief Introduction to the Conflict between Russia & Ukraine and the Military Use of Tungsten 1. Russia Ukraine Conflict 1.1 The Black Swan Nature of Russia Ukraine Conflict and Sanctions Not long ago, when the new year 2022 was coming, many research institutions, experts and professional scholars around the world predicted the “Black Swan” event in 2022, most of which focused on the adjustment of China-US relations…