Home > News > Market Trend and Demand Life with lithium batteries is hard! Raw material price increase Will Affact the Price of cobalt hydroxide powder

Market Trend and Demand Life with lithium batteries is hard! Raw material price increase Will Affact the Price of cobalt hydroxide powder

wallpapers News 2021-06-10

Life with lithium batteries is hard! Raw material price increase

Recently, the life of lithium batteries has not been so good. Recently, the price of lithium iron phosphate has increased by more than 20%, lithium hydroxide has increased by nearly half, and the price of lithium carbonate has doubled directly. These are the basic raw materials for lithium battery production. At present, almost all new energy vehicles on sale in China are more expensive than fuel vehicles of the same level. The main reason is the expensive battery cost. The price increase of raw materials is undoubtedly worse.

Affected by the Life with lithium batteries is hard! Raw material price increase, the cobalt hydroxide 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 November 2020-2026 will show an oval but steady growth.If you are looking for cobalt hydroxide powder or buy cobalt hydroxide powder in bulk,please send an email to:sales@ozbo.com

The price of cobalt hydroxide 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 cobalt hydroxide 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 cobalt hydroxide powder will increase to a certain extent.  

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

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

 


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