Notice of price increase! The price of such a thing hit a 10-year high!
At a plastic raw material warehouse in Hangzhou, Zhejiang Province, trader Chai Tiesong is checking their inventory. He told reporters that the plastic raw materials they operate mainly include polypropylene (PP), polyethylene (PE), and polychloride. Ethylene (PVC), etc., the current total inventory of these three varieties is about 30,000 tons, which is equivalent to their sales volume of about a week, and this is also their low inventory level over the same period in recent years.
According to traders, the reason for lowering inventory is due to the recent price fluctuations. In January this year, the price of polyethylene (PE) was close to 8,000 yuan/ton, and in March the price rose to 9,200 yuan/ton; polypropylene (PP) ) From 8,000 yuan/ton in January to 9,600 yuan/ton in March; the price of polyvinyl chloride (PVC) also rose from around 7,900 yuan/ton in January to around 9,200 yuan/ton in March. In April, although the prices of these varieties have fallen to a certain extent, they are still at a high level.
Plastic prices fluctuate at a high level, which brings certain pressures to trading companies in terms of risk control and capital costs. It is understood that petroleum is an important basic raw material for plastics, and the price of plastics is closely related to the price of crude oil. From January to March this year, due to the dual impact of supply and demand, the price of crude oil continued to rise, driving the price of plastic raw materials to rise. In addition, the overall demand for plastics is improving, which also supports prices.
Affected by the Plastic prices fluctuate widely, 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