Market Trend and Demand Chemical raw materials soared by 180% Will Affact the Price of chromium silicide

Recently, many major factories have announced plans to stop production and overhaul, and it is expected that Jinjiu will have a variety of raw materials to break the record high.

Malaysia has a large number of semiconductor factories, which can be said to be a major production center for semiconductors/chips. Since the outbreak of the epidemic in May, Malaysia\'s production activities have continued to stop, which has caused great turmoil in the downstream!

According to news reports, the Malaysian epidemic is still continuing, and the shortage of raw materials for downstream car companies is very serious. The global production of stopped cars due to chip shortages has exceeded 5.85 million. At present, well-known car companies such as Toyota and Volkswagen have started large-scale suspension of production due to the shortage of key raw materials.

The upstream lithium mine supply is tight, and the price exceeds 1,250 US dollars/ton, a record high. Driven by market news and the supply side, lithium carbonate manufacturers continue to increase, leading to a strong rise in lithium carbonate since July, with a monthly increase of nearly 30% and a month-on-month increase of 173%.

It is expected that as the downstream demand peak season hits and the tight supply continues, lithium carbonate will continue to rise in the short term.

Affected by Chemical raw materials soared by 180%, lithium hexafluorophosphate rises,the chromium silicide 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 chromium silicide or buy chromium silicide in bulk,please send an email to: sales@ozbo.com

The price of chromium silicide 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 chromium silicide 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 chromium silicide will increase to a certain extent.  

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

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

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