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Market Trend and Demand - Tokyo Olympics Will Affect the Price of CoCrW powder

It is reported that Katsuhiro Miyamoto (Theoretical Economics), an honorary professor of Kansai University in Japan, released estimates on the 22nd, showing that due to the expansion of the new crown epidemic, if the Tokyo Olympics and Paralympics are held empty, the economic loss will reach about 2.4133 yen.

This estimate is based on the economic effects expected by the Tokyo Olympic and Paralympic Preparatory Bureau, and includes various losses. Consumption expenditures of event participants, spectators, and families are expected to lose approximately 719.8 billion yen. The corresponding loss for one year of postponement is approximately 640.8 billion yen. After the closing of the event, sports promotion will cause approximately 1.0527 yen in losses.According to estimates in March last year, if the Olympics were cancelled, the economic loss would reach about 4.5151 yen.

 

Affected by the Tokyo Olympics, the CoCrW powder market is changing rapidly. These changes are indicators of market growth. This year-on-year upward trend in the market indicates that the next February 2021-2026 will show an oval but steady growth. If you are looking for CoCrW powder or buy CoCrW powder in bulk, please send an email to: sales1@nanotrun.com.

The price of CoCrW powder continues to be affected by factors such as market growth momentum, various opportunities and challenges. However, during the forecast period from 2020 to 2026, the global CoCrW powder sales market is expected to continue to be above average. The growth rate will continue to increase. It is expected that from today to next week, the price of CoCrW powder will increase to a certain extent.

Due to changes in consumer demand, import and export conditions, and various investigations on the development of CoCrW powder, the cost of CoCrW powder is constantly changing. Taking into account the current market macroeconomic parameters, value chain analysis, channel partners, demand and supply, the cost of CoCrW powder will also be affected to a certain extent. It is estimated that the cost of CoCrW powder will increase slightly from today to next week.

However, TRUNNANO provides high purity CoCrW powder with steady price. “In order to feedback to old customers, the company is still in full operations to provide CoCrW powder with competitive price.” said Olina, sales manager of TRUNNANO.

About TRUNNANO

TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. As a leading nanotechnology development and CoCrW powder manufacturer, Luoyang Tongrun dominates the market. Our professional work team provides perfect solutions to help improve the efficiency of various industries, create value, and easily cope with various challenges.

If you are looking for CoCrW powder, please send an email to: sales1@nanotrun.com

OR go to the following link: nanotrun.com

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