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Market Trend and Demand The price of raw materials is rising and the chip is short Will Affact the Price of Stearic acid

The price of raw materials is rising and the chip is short 

Since last year, the rise of various raw materials has continued to increase, causing upstream suppliers and manufacturing companies to complain. Jiang Jiang, deputy general manager of Guangzhou Dibaole Electronics Co., Ltd. (hereinafter referred to as "Dibaole"), told reporters that in terms of raw material prices, hardware prices have risen by 30%, electronic materials have risen by 10%~30%, and packaging materials have risen by 5%~ 20%, ABS rose 40%. The prices of wires and PCBs (printed circuit boards) required by Dongguan Longchang Digital Technology Co., Ltd. (hereinafter referred to as "Longchang Digital") products have risen by about 30%, batteries by about 10%, and packaging materials and hardware by about 20%.

Affected by the The price of raw materials is rising and the chip is short, the Stearic acid 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 Stearic acid or buy Stearic acid in bulk,please send an email to:sales@ozbo.com

The price of Stearic acid 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 Stearic acid 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 Stearic acid will increase to a certain extent.  

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

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

 

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