Market Trend and Demand Chemical raw materials continue to rise in price Will Affact the Price of High performance fiber

The rise is endless! A variety of chemical raw materials continue to hit new highs

A variety of chemical raw materials continue to rise in price, organic silicon: soaring to 30,200 yuan! Return to the ten thousand yuan era! Without a trace of precaution, the price increase of silicone is so simple and straightforward. Don\'t wait, wait is the price increase.

Bisphenol A: Soaring 11,000 yuan/ton!

The rocket-like BPA is back! All the way soaring wildly. According to the latest market quotations, on March 17, bisphenol A was quoted at RMB 24,500-24,800/ton, compared with RMB 13,225/ton on January 4, a surge of RMB 11,575/ton, an increase of 87.5%. The market is currently operating stably.

PVC: Soaring 7353 yuan! Set a new high in the past 11 years!

PVC (polyvinyl chloride) futures surged over 4.5%. The price of calcium carbide PVC in East China was 9,209 yuan/ton, and the price difference was 3915.25 yuan/ton. The current price is at the highest level since 2010, with a monthly increase of 22.9%; East China The price of ethylene-based PVC is 9,700 yuan/ton, and the price difference is 7353 yuan/ton. The current price is at the highest level since 2010, with a monthly increase of 26.5%. Previously, domestic PVC prices reached their highest point in the past ten years in December 2020.

Lithium hexafluorophosphate: soaring all the way! Break through 220,000 yuan/ton!

The new energy industry chain is booming, and the supply of lithium hexafluorophosphate is in short supply, triggering a new round of price increases.

The price of lithium hexafluorophosphate has soared all the way! Since September last year, the price of lithium hexafluorophosphate has continued to rise. The recent quotation has been around 200,000 yuan/ton, and even some companies’ quotations have exceeded 220,000 yuan/ton.

The chemical industry boom cycle lasts at least two to three years!

Judging from the monitored bulk commodity market, since February, chemical raw materials have turned red as a whole, with 85 chemical products rising, accounting for 92.29%. Among them, butanediol (+128.86%), chloroform (+79.58%), aniline (+66.67%), calcium carbide (+63.78%), n-butanol (+60.16%), hydrogenated benzene (+59.15%) , Crude benzene (+57.75%) rose by more than 50%.

Although some chemical raw materials are facing adjustments this week, industry analysts said that the boom cycle of the chemical industry is far from over, and will last at least two to three years. Demand will rebound sharply this year and insufficient production capacity may cause the prices of products to continue to rise, such as chemical fiber products. In addition, leading companies have gradually entered a new round of capital expenditure cycle.

In summary, the chemical industry will continue to be booming.

Association issued a document: a unified price increase of 30%~35%

Jiangshan Plastics Industry Association issued a document: Because PVC, PP, PE and other raw materials continue to rise, in order to avoid vicious competition, the prices of all members of the association have increased by 30%-35%! According to incomplete statistics, more than 30 leading companies in the plastics and chemical industries have already made arrangements for price increases in the second quarter. Many small and medium-sized enterprises have also expressed that they will keep up with this wave of gains and strive to clear away the long-term loss of losses. When the degree is higher, "make a fortune". For the downstream, the price of raw materials continues to remain high, and the company\'s inventory of raw materials is also rapidly consuming. While adjusting product prices, the only thing product companies can do is to hurry up and avoid the risk of future price increases!

Affected by the A variety of chemical raw materials continue to rise in price, the High performance fiber 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 High performance fiber or buy High performance fiber in bulk, please send an email to: sales@ozbo.com

The price of High performance fiber 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 High performance fiber 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 High performance fiber will increase to a certain extent.  

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

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

OR contact us by the following link: https://www.ozbo.com/contact-us.html