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Market Trend and Demand Steel prices soared Will Affact the Price of physical blowing agent

Recently, steel prices have risen sharply. Behind this is the good momentum of economic development.

According to data, from January to February 2020, The crude steel output in my country was 174.99 million tons, an increase of 12.9% year-on-year. The price of steel rose significantly, and the profitability of steel companies increased significantly year-on-year. In the first quarter, the domestic steel CSPI index rose 12.9% from the fourth quarter, and the 62% iron ore Platts index rose 24.8% from the fourth quarter.

According to the changes in the market prices of important means of production in the circulation field in late April 2021 by the Bureau of Statistics, steel prices have almost risen across the board.

This trend of economic development will continue. The development trend of steel enterprises should also continue.

However, with the strong demand for steel, the price of iron ore also ushered in a wave of price increases. Some media reports said: "Since the beginning of this year, iron ore prices have risen by about 30%." This will have a greater impact on downstream steel companies and demand.

Affected by Steel prices soared,the physical blowing agent 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 physical blowing agent or buy physical blowing agent in bulk,please send an email to: sales@ozbo.com

The price of physical blowing agent 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 physical blowing agent 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 physical blowing agent will increase to a certain extent.  

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

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

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