Problem

Instability of trade in tungsten

Nature:

In recent years there has been an increasing imbalance between the supply and demand of tungsten, as well as an increase in the availability of tungsten resulting from recycled material and stockpile releases while the market was weak. These factors have generated an unstable tungsten market.

Incidence:

The average 1983 price of tungsten was $80.86 per mtu (metric ton unit), compared to $106.12 per mtu in 1982. Between 1981 and 1983, tungsten concentrate prices were 42% lower than in 1980, leading to serious effects on producers.

Subject(s):
Commerce Trade
Fundamental Sciences Metallic elements and alloys
Societal Problems Instability
Related UN Sustainable Development Goals:
GOAL 12: Responsible Consumption and ProductionGOAL 17: Partnerships to achieve the Goal
Problem Type:
E: Emanations of other problems
Date of last update
18.09.2019 – 15:26 CEST