Products

  • 0
  • 0

Market Trend and Demand Crude oil skyrocketed, and chemical raw materials prices have risen collectively Will Affact the Price of Stearic acid

Crude oil skyrocketed, and chemical raw materials prices have risen collectively!

Recently, international crude oil has continued to skyrocket with new highs. In early trading on the 23rd, the main crude oil rose by about 2%, Brent crude oil rose by about 0.51%, and NYMEX crude oil rose by about 0.43%.

From the perspective of the main crude oil futures weekly line in the past six months, it has completely doubled from 215 yuan/barrel in November 2020 to the current 464 yuan/barrel. The price of Brent crude oil futures has doubled from around US$35.74/barrel in November 2020 to around US$75.30/barrel now.

Affected by the rise! Crude oil skyrocketed, and chemical raw materials prices have risen collectively!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

 

 

 

 

 

Inquery us

Our Latest Products

Global Amorphous boron powder,Amorphous boron powder overview,Amorphous boron powder application,Amorphous boron powder price,Amorphous Boron Powder Supplier market trend 2025-2028 Properties and Application of Amorphous Boron Powder by Newsfgjiaju

Amorphous boron powder is a black or dark brown powder and is an important energy material. Amorphous boron powder is widely used in metallurgy, electronics, medicine, ceramics, nuclear industry, chemical industry and other fields.…

Global HfB2 Powder market trend 2025-2026 What is Hafnium Diboride HfB2 Powder? by Newsfgjiaju

A wave of layoffs that has swept the entire Internet industry has intensified. China's Internet industry has experienced several crises and major changes in the past development process. There is also a "brief history of layoffs by major Internet com…