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Market Trend and Demand The price of chemical products has risen by more than 50% Will Affact the Price of Water-based Stearic acid

wallpapers News 2021-04-16

The recent surge in prices in the chemical industry is really terrifying. The war is rekindled. From the most upstream oil and photovoltaics to raw materials to the fine market to the downstream, it is imperative for many chemical companies to transmit upstream price increases to the terminal.

According to incomplete statistics, the prices of nearly one hundred plastic chemical raw materials have increased compared with the same period last year. Bisphenol A (258.77%) and butanediol (214.62%) have increased by more than 200% year-on-year.

PC increased by 71.42% year-on-year, PA66 increased by 117.96% year-on-year, PET increased by 21.84% year-on-year, and PVC increased by 62.72% year-on-year.

The price increase of chemicals in this round has also been transmitted downstream.

On April 9, the National Bureau of Statistics released data showing that in March, the consumer price index (CPI) rose by 0.4% year-on-year, ending the previous two consecutive months of negative growth; the factory price of industrial products (PPI) rose by 4.4% year-on-year. The growth rate accelerated by 2.7 percentage points from February, setting a new high since August 2018.

Affected by The price of chemical products has risen by more than 50%,the Water-based 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 Water-based Stearic acid or buy Water-based Stearic acid in bulk,please send an email to: sales@ozbo.com

The price of Water-based 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 Water-based 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 Water-based 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 Water-based Stearic acid,the cost of Water-based Stearic acid is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of Water-based Stearic acid will also be affected to a certain extent.It is estimated that the cost of Water-based Stearic acid will increase slightly from today to next week.

However,Ozbo.com provides high purity Nano Water-based Stearic acid with steady price.In order to feedback to old customers,the company is still in full operations to provide Water-based 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 Water-based 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 Water-based Stearic acid, please send an email to: sales@ozbo.com  


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