On March 5, Brent crude oil futures stood at US$68 per barrel, the first time since January last year. Under the "extreme force" of international crude oil, the rise of chemical raw materials is "out of control".On March 4,1,4-butanediol was quoted at 31,500 yuan/ton, a month-on-month increase of more than 130% and a year-on-year increase of 225.41%. Corporate quotations continued to rise, and the market followed the rising sentiment. The supply of goods in the market is insufficient, and the companies that "have goods in hand" have become Zhongxing Pengyue for a while, and they can still make transactions even if the price is slightly higher. At present, the downstream demand is active, and the 1,4-butanediol market finally broke the "silent" situation for many years and "flew into the sky."
After returning from the holiday in 2021, many chemical raw materials have started a "surge" mode. Compared with the beginning of 2020, the price of chemical raw materials has made a huge leap, and some raw materials have increased by more than 200% year-on-year!Butanol rose by 167.68% year-on-year,acetic acid rose by 166.43% year-on-year,isooctanol rose by 150.91% year-on-year,and sulfur rose by 150.91% year-on-year.Bisphenol A,propylene oxide,DMF,acetic anhydride,polymeric MDI,etc.rose by more than 100% year-on-year,and raw materials such as acetone,TDI,chloroform,aniline,ethylene,and isopropanol rose by more than 50% year-on-year.
The upward trend of chemical raw materials was conducted under the first-level transmission, which soon affected downstream companies, and successfully transferred the pressure to downstream companies such as emulsions, resins, and coatings. Titanium dioxide broke through 20,000 yuan/ton, setting a 3-year high; pigments are seriously out of stock, and some products have increased prices by 2,000-8,000 yuan/ton, and a single discussion; emulsion increased by 1,500 yuan/ton, and some leading companies have increased by two The price of liquid epoxy resin products has returned to a high level of 30,000 yuan/ton, and the quotation is as high as 31,200 yuan/ton; curing agents, glues and other chemicals are also rising rapidly.
Affected by the Chemical raw materials skyrocket, the Nano Titanium Boride 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 Nano Titanium Boride or buy Nano Titanium Boride in bulk, please send an email to sales@ozbo.com
The price of Nano Titanium Boride 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 Nano Titanium Boride 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 the Nano Titanium Boride will increase to a certain extent.
Due to changes in consumer demand,import and export conditions,and various investigations on the development of Nano Titanium Boride, the cost of Nano Titanium Boride is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of Nano Titanium Boride will also be affected to a certain extent.It is estimated that the cost of Nano Titanium Boride will increase slightly from today to next week.
However, Ozbo.com provides high purity Nano Nano Titanium Boride with steady price.“In order to feedback to old customers,the company is still in full operations to provide Nano Titanium Boride 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 Nano Titanium Boride manufacturer, Puyang Tanki 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 Nano Titanium Boride, please send an email to: sales@ozbo.com
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