Market Trend and Demand The collective skyrocket of chemical raw materials Will Affact the Price of Titanium alloy

Since 2021, the prices of various domestic chemical products have continued to skyrocket. Some chemical products have been in full production and sales, low inventories, and shortages of stocks. This crazy situation seems unprecedented. On the 22nd, the quotation of titanium dioxide was 19,333.33 yuan/ton, and some companies\' quotations were as high as 20,000 yuan/ton, an increase of 2666.66 yuan/ton from the low point in the year. A titanium dioxide company stated that the cost of raw materials that affect the product has increased by about RMB 4500, and it is still rising. Downstream customers urge renewal orders, "grab" if there is an order, and even ignore the soaring price.

It is understood that the cumulative increase of titanium dioxide by nearly 3,000 yuan/ton is only the “tip of the iceberg” in the crazy increase of many chemical raw materials. Although the first quarter of 2021 has not yet ended, a variety of chemical raw materials have risen staggeringly, and the prices of eight raw materials have increased. Over 10,000 yuan/ton, the most price increase is lithium carbonate, which has a cumulative increase of 35,200 yuan/ton.

This year, nearly 100 kinds of raw materials have shown an upward trend, and many raw materials have a strong continuity. In response to this round of price increases, some companies have stated that the pressure on the cost side will be quickly transmitted from the beginning of 2021. The recovery of foreign trade exports has also allowed chemical companies to focus on longer-term overseas trade, and the situation of low inventory in the domestic market has worsened. Many companies said that the current chemical industry market has not been seen in the past 20 years, and it is impossible to predict the next development. However, as more and more companies have urgent inventory and anxiety escalates, some traders are hoarding them. The chemical market may continue to rise.

Affected by the Plastic products soar collectively,the Titanium alloy 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 Titanium alloy or buy Titanium alloy in bulk,please send an email to: sales@ozbo.com

The price of Titanium alloy 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 Titanium alloy 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 Titanium alloy will increase to a certain extent.  

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

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