🔥36氪•Stalecollected in 9m
CICC: Tungsten prices expected to stabilize and recover
💡Tungsten is a critical material for semiconductor and hardware manufacturing; price volatility impacts AI infrastructure
⚡ 30-Second TL;DR
What Changed
Domestic tungsten concentrate prices dropped from a March peak of 1M RMB/ton to 406k RMB/ton in May.
Why It Matters
Tungsten is a critical material for high-end manufacturing and electronics, which are foundational for AI hardware and semiconductor production.
What To Do Next
Track tungsten price indices if you are involved in hardware supply chain or semiconductor manufacturing procurement.
Who should care:Enterprise & Security Teams
Key Points
- •Domestic tungsten concentrate prices dropped from a March peak of 1M RMB/ton to 406k RMB/ton in May.
- •Geopolitical tensions and economic stagnation concerns triggered a sell-off in the industry.
- •Strategic importance and new industrial applications are driving long-term demand.
- •Market sentiment is currently cautious but showing signs of stabilization.
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Original source: 36氪 ↗