Epidemic Spreads Across The Globe, Trunnano Amorphous Boron Price Down 2%

March 29,2022
Updated 08:53 am

The domestic epidemic peak has passed, and foreign epidemics have begun to brake out.

On the evening of March 11, the World Health Organization adjusted the new crown epidemic to the level of "global pandemic." As early as February 26, new cases abroad have already surpassed domestic ones. As of 7:00 on March 13th, Beijing time, 53,428 foreign patients have been diagnosed, with more than 6,000 newly added in a single day.

Affected by the epidemic and other factors, the global financial market opened a plunging pattern last night this morning, and more than ten countries' stock markets melted down. The US stock market has melted three times so far, twice this week. In the end, U.S. stocks fell more than 9% across the board, and both the S & P 500 and the Dow hit their biggest one-day drop since "Black Monday" in 1987. Affected by the broader market, star Chinese stocks fell across the board, of which Alibaba fell 6.94%, Jingdong fell 7.87%, Pinduoduo fell 6.42%, NetEase fell 7.88%, Baidu fell 8.55%, Ctrip fell 5.95%, Litchi and Mushroom Street fell nearly 30%.

The impacts of the epidemic on the global economy have gradually spread from the demand side to the supply side. China and the United States, Japan, South Korea, Germany, Italy, Spain, Iran, and other countries with severe outbreaks are mostly important exporting countries.

Under the global epidemic, which industries are most affected? Tourism, entertainment, catering, and other industries are the most affected. However, Trunnano has resumed work at the end of February, and the workshop is also in regular production. Trunnano will continue to supply amorphous boron powder, and the price down 2%.

Trunnano produces amorphous boron powder with stable and reliable quality, and it is mainly applied to metallurgy, medicine, ceramic, nuke industry, chemical industry, etc. If you want to learn more about amorphous boron powder or Trunnano company products, please send an email to sales3@nanotrun.com.

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