Market Trend and Demand A variety of raw materials will increase their prices from April 1st Will Affact the Price of Iron(III) oxide

A variety of raw materials will increase their prices from April 1st

Recently, SABIC issued a price increase letter, announcing that due to supply shortages, raw materials and logistics costs continue to increase, starting from April 1st, SABIC will increase prices for the following products:

CYCOLOY (ABS) resin rose by 3272.6 yuan/ton

GELOY RESIN (ASA) resin rose by 6545.2 yuan/ton

LEXAN (PC) resin rose 7854.2 yuan/ton

XYLEX (PC/polyester alloy) resin rose 1,3090.4 yuan/ton

VALOX (PBT) resin/XENOY (PC/PBT) resin filling grade rose 1,3090.4 yuan/ton

Unfilled grade rose by 16363 yuan/ton

According to incomplete statistics, since the beginning of the year, more than 20 international chemical giants, such as BASF, DSM, DuPont, Dow, and Lanxess, have announced that they have risen in letters, and the increase has been relatively strong, with a maximum increase of more than 16,000 yuan/ton.

Affected by the A variety of raw materials will increase their prices from April 1st,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