Market Trend and Demand the performance of China chemical companies has increased Will Affact the Price of Stearic acid

The price of chemical products has risen, and the performance of China chemical companies has increased

Chemical products are downstream products of crude oil, and they are the raw materials for most of the products used in daily life. Recently, due to the increase in crude oil prices, the prices of various chemical products have also risen.

This is a PVC pipe processing enterprise located in Zhejiang. PVC, also known as polyvinyl chloride, is the main raw material for the production of home improvement pipes. Due to the recent rise in the price of PVC, the company has decisively reduced its raw material inventory.

Beginning in April last year, the PVC futures price index began to rise, reaching a peak of 9,410 yuan/ton on May 11 this year, a 10-year high, with a maximum increase of 90%.

In a plastic raw material warehouse in Hangzhou, Zhejiang Province, trader Chai Tiesong is checking their inventory. The raw materials in this warehouse mainly include polypropylene, polyethylene, polyvinyl chloride, etc., and these three varieties are currently in total The inventory is about 30,000 tons, which is only their sales volume for about a week, and this is also their low inventory level over the same period in recent years.

Affected by the The price of chemical products has risen, and the performance of China chemical companies has increased,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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