Market Trend and Demand Chemical price hikes Will Affact the Price of Chromium silicide

Recently, many tire companies, including Zhengxin, Michelin, GitiTire, Zhong ce Rubber, and Sailun Tire, have announced that they will increase the prices of some products due to rising raw material prices. Among them, Sailun Tire will increase the price of some off-road tire products from 2% to 6% on March 1. Not long ago, in late January, more than 10 companies have successively issued notices of price increases for tire products, and the increases ranged from 2% to 6%. Prior to this, many domestic tire companies, including Ling long Tire, Zhengxin Tire, and Triangle Tire, have announced new year price adjustments. Most tire companies have raised their product prices several times since August last year. The price increase of products corresponds to the unabated demand, and the A-share market is optimistic about the performance of tire companies. Data show that on February 23, 8 of the 9 stocks in the rubber-tire subsection of the Shen wan chemical industry closed up. Among them, the daily limit of Sailun Tire and Triangle Tire closed at 10.51 yuan and 19.28 yuan, respectively. Ling long Tire closed up 3.85% to close at 48.50 yuan.

From the perspective of product price increases, the price increase of upstream chemical raw materials is still the fundamental factor driving this round of tire price increases. During the Spring Festival, the spot and external prices of synthetic rubber, zinc oxide, accelerators, and natural rubber, which are the main raw materials for tires, rose, driving the cost of raw materials for all-steel tires to rise. The agency predicts that in the basic chemical industry, the price increase of chemical products is expected to continue in the future a period of time.

Affected by Chemical price hikes,the Chromium silicide 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 silicide or buy Chromium silicide in bulk,please send an email to: sales@ozbo.com

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

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

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