Market Trend and Demand Crazy oil price hikes Will Affact the Price of Iron(III) oxide

Crazy oil price hikes

The crazy reversal of oil prices detonated the entire chemical industry chain, with price hikes, stock outs, and production expansions constantly! Can the chemical cow last? The listed company said: I am most afraid of being caught off guard!

Feng Shui turns around. International crude oil futures prices plummeted to negative values after March 2020, and the ridicule that barrels are more expensive than oil is still in my ears. After a year, the recovery of oil prices drove up the prices of many chemical products, and the call that the market was in short supply once again swept the circle of friends.

"The biggest headache for people in the sales department now is that there are too few goods, the market is tight, and orders need to be scheduled." From less than 40,000 yuan/ton at the end of the third quarter of 2020, to now more than 70,000 yuan/ton price , Xinxiang Chemical Fibers (3.910, 0.00, 0.00%) high-end leading spandex products nearly doubled in price in half a year, but in this "strong" price increase market environment, the relevant person in charge of the company also called out  no inventory.

Affected by the Crazy oil price hikes,the Iron(III) oxide 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 Iron(III) oxide or buy Iron(III) oxide in bulk, please send an email to: sales@ozbo.com

The price of Iron(III) oxide 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 Iron(III) oxide 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 Iron(III) oxide will increase to a certain extent.  

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

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

OR contact us by the following link: https://www.ozbo.com/contact-us.html