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Market Trend and Demand The rise in raw materials has exceeded 20% Will Affact the Price of Glass Microspheres

wallpapers News 2021-05-06

The rise in raw materials has exceeded 20%

"Since the beginning of this year, the increase in raw materials has exceeded 20%. Our company is exporting wheels. The increase in cost has a great impact on product sales." Li Xia, manager of an auto parts export company in Ningbo, told a reporter from China Economic Times:"Our countermeasures are only We can increase prices to customers because there is no other way out for small and medium-sized enterprises, but the rate of increase can only be adjusted appropriately, and it is impossible to pass on all of them. After all, we also need to consider the actual sales situation of customers, so our profit will definitely be much lower than in the past. If the prices of raw materials continue to rise, many small and medium-sized enterprises will struggle."

   Not only the small and medium-sized enterprises in our country, even the international industry giants have not been able to withstand this round of price increases and chose to increase prices. On April 20th, Procter & Gamble announced that it would start to increase the prices of daily necessities such as diapers in September this year. Prior to this, Coca-Cola Company also stated that due to rising raw material prices, the company intends to increase product prices.

   During the 2021 annual meeting of the Boao Forum for Asia, some experts said that I am afraid that this year, we must be ideologically prepared for the continued increase in commodity prices, and domestic prices will also increase accordingly. So,what exactly caused this round of price hikes? How long will the price increase last? Will prices rise in the next step?

Affected by the The rise in raw materials has exceeded 20% the Glass Microspheres 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 Glass Microspheres or buy Glass Microspheres in bulk,please send an email to:sales@ozbo.com

The price of Glass Microspheres 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 Glass Microspheres 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 Glass Microspheres will increase to a certain extent.  

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

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

 


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