Market Trend and Demand the price of modern coal chemical products in our district rose in April will increase their prices from April 1st Will Affact the Price of Cobalt hydroxide

The price of modern coal chemical products in our district rose in April

In April, the modern coal chemical industry in our district continued its positive development trend. The prices of 7 major types of modern coal chemical products monitored by the whole district continued to move upward, and the fluctuation range was further narrowed. 1. The operation of modern coal chemical products prices in our district (1) The price of coal-based natural gas rose slightly. In April, under the implementation of the "dual control of energy consumption" policy, the supply of coal-based natural gas in our district has shrunk, and the demand for vehicles has increased significantly recently. , The overall supply of natural gas market was tight, and the price rebounded slightly. In March, the average transaction price of coal-based natural gas in our district was 3,409.18 yuan/ton, an increase of 5.04% compared with March (hereinafter referred to as the ring ratio), and an increase of 7.44% compared with April 2020 (hereinafter referred to as the year-on-year). The price of coal-based natural gas in our region fluctuates seasonally. Judging from the trajectory of fluctuations, the center of gravity of coal-based natural gas prices this year is higher than that of the same period last year, reflecting the continued positive development momentum of the coal-based natural gas market in our region.

Affected by the the price of modern coal chemical products in our district rose 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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