Home > News > Market Trend and Demand Another round of price hikes began in April Will Affact the Price of Cobalt hydroxide

Market Trend and Demand Another round of price hikes began in April Will Affact the Price of Cobalt hydroxide

wallpapers News 2021-04-15

It is understood that since April, many titanium dioxide companies such as Anada, Dawn Titanium, Donghao Titanium, Jiangsu Zhentai, Tianyuan Co., Ltd. have also sent letters to increase the price, and the short short holiday did not stop the chemical industry. The progress of corporate price increases. In addition, chemical raw materials such as epoxy resin, bisphenol A, epichlorohydrin, and dimethyl carbonate also continued their growth in the first quarter without any intention of stopping.

Although the Tomb-sweeping holiday was ushered in the beginning of the second quarter, many chemical companies said that they did not want to take a holiday. Nowadays, the supply of goods is in short supply. Many companies have a lot of orders. The products are fully sold. All employees work overtime and overtime production cannot keep up with customers. At the speed of order, this trend of short supply has also pushed up the price of chemical products.

Affected by Another round of price hikes began in April,the Cobalt hydroxide 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 or buy Cobalt hydroxide in bulk,please send an email to: sales@ozbo.com

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

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


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