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Market Trend and Demand Chemical raw materials collectively broke the record Will Affact the Price of Stearic acid

One day skyrocketing 11,000 yuan/ton! Chemical raw materials collectively broke the record

According to industry insiders, the current lithium salt price rise is obvious, and mainstream manufacturers continue to be bullish. With the superimposed terminal seeking to maintain strong support, lithium products may continue to rise. The price increase is between 2000-5000 yuan/ton, which is not crazy.

A variety of chemical raw materials prices, growth rates get together to break records

According to the Coatings Purchasing Network, in addition to the crazy and hot "lithium" chemical industry chain, a variety of bulk commodities have recently risen, aluminum, glass, organic silicon, soda ash and other products have even continued to hit high levels, breaking through high points repeatedly.

The spot price of electrolytic aluminum was 20,330 yuan/ton, a cumulative increase of 530 yuan/ton this month, and reached a high of 20,575 yuan/ton on August 17, breaking through a new high in the past 13 years (since March 2008).

An auction was held on the BMX platform of Pilbara, an Australian lithium mining company, and the final auction price of 10,000 tons of lithium concentrate was 1,250 US dollars/ton, a record high.

The main contract price of glass futures exceeded RMB 3,000/ton, a record high.

The domestic market price of organic silicon is about 33,000 to 35,000 yuan/ton, a new high for the year. Some manufacturers even quoted 36,000 yuan/ton, the price hitting the highest level in history.

Silicon metal rose 3.82% in a single day, breaking through the 20,000 mark, and the price continued to hit new highs.

The average price of glufosinate-ammonium was 260,000 yuan/ton, a record high in the past 6 years, an increase of 48.6% from the beginning of the year.

The price of glyphosate exceeded 40,000 yuan/ton, a record high. From the beginning of April this year to the present, the price of glyphosate technical has increased by about 10%.

DMF East China market quoted 15,800 yuan/ton, compared with the June low of 10250 yuan/ton, it has risen by 54.15% in the past two months and continues to hit a record high.

Affected by the One day skyrocketing 11,000 yuan/ton! Chemical raw materials collectively broke the record the Stearic acid market is changing rapidly. These changes are indicators of market growth.This year-on-year upward trend in the market indicates that the next November 2020-2026 will show an oval but steady growth.If you are looking for Stearic acid or buy Stearic acid in bulk,please send an email to:sales@ozbo.com

The price of Stearic acid 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 Stearic acid 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 Stearic acid will increase to a certain extent.  

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

However,Ozbo.com provides high purity Nano Stearic acid with steady price.In order to feedback to old customers,the company is still in full operations to provide Stearic acid with competitive price.said Olina,sales manager of Ozbo.com.

About Ozbo.com

Ozbo.com (aka.Tanki New Materials 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 Stearic acid manufacturer,Tanki New Materials Co.Ltd 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 Stearic acid, please send an email to:sales@ozbo.com

 

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