Market Trend and Demand Supply cut, price increase, upstream raw material supply is limited, cosmetics price hikes continue to spread Will Affact the Price of Nano boron powder

Supply cut, price increase, upstream raw material supply is limited, cosmetics price hikes continue to spread

According to the information released by the official WeChat account of the Guangzhou Chemical Trading Center approved by the Guangzhou Economic and Trade Commission, about 120 chemical companies have suspended production for maintenance, several chemical giants announced price increases, and cut production due to force majeure. . This also means that in the context of the gradual recovery of demand and the remaining supply bottleneck, cosmetic raw materials are ushering in the second wave of price increases this year. In the face of continuous price increases at the upstream end, in order to ensure profits, the cosmetics products have already seen price increases.

According to public data, some cosmetic "expected materials" increased significantly from January 4 to April 26 this year. Among them, the highest price adjustment this year is 1,4-butanediol (usually used as a humectant). The price per ton increased by 16,200 yuan, a year-on-year increase of 126.56%. In addition, the price increase of styrene and propylene glycol reached about 60%. . According to another industry insider, the second quarter is the traditional peak season for maintenance of chemical companies, and May is the month with the highest maintenance intensity, and the supply side may continue to shrink.

Most of the leading cosmetics companies have independent production capacity or need to purchase raw materials independently, and can more directly feel the pressure of rising production costs under the rising prices of raw materials. Domestic and foreign companies such as Procter & Gamble and Shanghai Jahwa have begun to raise prices. Insiders said that the price increase of leading companies is just the beginning and will soon gradually spread to the entire industry.

Affected by the Supply cut, price increase, upstream raw material supply is limited, cosmetics price hikes continue to spread Nano boron powder 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 Nano boron powder or buy Nano boron powder in bulk,please send an email to:sales@ozbo.com

The price of Nano boron powder 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 Nano boron powder 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 Nano boron powder will increase to a certain extent.  

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

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