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Market Trend and Demand silicones will consolidate mainly in the high price range will affact the price of Stearic acid

Silicone, soaring 3900 yuan / ton within the month, the price returned to the peak of 30,000

Since mid-June, due to unexpected incidents in the Xinjiang plant, a large number of manufacturers have closed their plates and received limited orders. The price has continued to rise, with a cumulative increase of 3900 yuan/ton, and the price has returned to a peak of 30,000 yuan. On June 28, organic silicon was reduced by 500 yuan/ton, and the market price was 30,500 yuan/ton. Due to tight spot supply and high downstream trading sentiment, it is expected that silicones will consolidate mainly in the high price range.

Affected by the Silicone, soaring 3900 yuan / ton within the month, the price returned to the peak of 30,000 ,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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