Home > News >

Market Trend and Demand Copper and aluminum prices hit a high Will Affact the Price of Chromium Carbide

wallpapers News 2021-05-18

Copper prices hit a 16-year high, aluminum prices hit a 13-year high

Since May, the non-ferrous sector has collectively exploded, and aluminum prices have continued to rise. Shanghai Aluminum broke the 20,000 yuan/ton mark, and the main contract reached a maximum of 20,445 yuan/ton, a 13-year high. In terms of the spot market, it has also rushed up almost all the way since it pulled back to a low of 14,720 yuan/ton at the beginning of the year, and broke the 20,000 mark in one fell swoop on May 10, an increase of more than 35% during the year.

In May, LME copper topped the US$10,000 mark for the first time. The price of LME copper rose from last year\'s low of US$4,371 to US$10,660, a cumulative increase of 124%. Shanghai copper broke the 77,000 yuan mark, setting a 16-year high. Aluminum prices hit a new high in 13 years

 Since May, the non-ferrous sector has collectively exploded, and aluminum prices have continued to rise. Shanghai Aluminum broke the 20,000 yuan/ton mark, and the main contract reached a maximum of 20,445 yuan/ton, a 13-year high. In terms of the spot market, it has also rushed up almost all the way since it pulled back to a low of 14,720 yuan/ton at the beginning of the year, and broke the 20,000 mark in one fell swoop on May 10, an increase of more than 35% during the year.

Affected by the Copper prices hit a 16-year high, aluminum prices hit a 13-year high the Chromium Carbide 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 Chromium Carbide or buy Chromium Carbide in bulk,please send an email to:sales@ozbo.com

The price of Chromium Carbide 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 Chromium Carbide 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 Chromium Carbide will increase to a certain extent.  

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

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

 


Tag: market   and   hit   Carbide   prices   Price   Demand   of   High   Copper