With the gradual recovery of the global economy, the demand for global aviation aircraft will be huge in the next few years. According to the forecast of Airbus and Boeing in the next 20 years of the civil aviation aircraft market, the global civil aviation aircraft market will reach 5.6 trillion US dollars in the next 20 years.
In 2019, the steady supply of tungsten in the market will continue. The price of tungsten concentrate is affected by the decline of resource grade, rising cost, increased safety and environmental protection pressure, and the space for decline is small
According to statistics from the Peruvian Ministry of Mines and Mines, due to factors such as aging of mines, declining mining grades and strikes by miners, the production of major metals in Peru declined in 2018.
China's tungsten industry has generally maintained a stable operating situation. The output continued to grow steadily, the export remained high, the price fluctuated slightly, and the economic benefits of the company continued to improve.