Market Trend and Demand Nearly 100 chemical raw materials have sky rocketed Will Affact the Price of CuO

According to statistics, of the 92 chemical products in the first quarter, 83 chemical products rose in price, accounting for 90.21%. The average increase and decrease this season is +20.48%, the highest in the past three years.

The prices of many products can be called abnormal skyrocketing. Butanediol (+139.84%) and bisphenol A (+100.38%) have doubled their prices in less than 100 days.

The skyrocketing price of raw materials also spread to the downstream.

On April 9, the National Bureau of Statistics released data showing that in March, the consumer price index (CPI) rose by 0.4% year-on-year, ending the previous two consecutive months of negative growth; the factory price of industrial products (PPI) rose by 4.4% year-on-year. The growth rate accelerated by 2.7 percentage points from February, setting a new high since August 2018.

Official data show that international commodity prices, CPI and PPI have been rising for several months in a row, and inflation is coming!

Affected by Nearly 100 chemical raw materials have skyrocketed,the CuO 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 CuO or buy CuO in bulk,please send an email to: sales@ozbo.com

The price of CuO 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 CuO 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 CuO will increase to a certain extent.  

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

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