Market Trend and Demand rising price of paper raw materials in April Will Affact the Price of Cobalt hydroxide

"Due to the continuous increase in raw material prices, the company\'s production and operating costs continue to increase, our company intends to substantially adjust the prices of its household paper products from April 1." Leading paper company Zhongshun Jierou said in a notification letter recently.

After the collective price increase in January, in April, the domestic large-scale paper industry once again set off a wave of price increases.

In addition to Zhongshun Jierou, household paper products giants such as Vinda and Qingfeng also issued price increase letters, proposing to increase product prices from April, and the price increase is basically more than 10%.

Due to factors such as price transmission mechanism, upstream and downstream gaming, and market competition, in the short term, the increase in the price of household paper has not been clearly reflected on the consumer side, and retail prices have not seen major fluctuations.

According to industry insiders, in 2021, as the demand for schoolwork, exhibitions, catering, and tourism returns to normal, the ban on plastics and the printing demand brought by the centennial of the founding of the party will be superimposed, and the demand for domestic paper products will be strong. However, under the influence of factors such as overseas inspections, epidemics, and shipping capacity, the price of raw pulp continues to rise, putting cost pressures on the paper industry. It is expected that small and medium-sized enterprises will clear out in this round of games, while leading companies are expected to expand their market share, and their performance may be more flexible than expected.

Affected by the rising price of paper raw materials 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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