Market Trend and Demand Rebar and iron ore rose for three consecutive days Will Affact the Price of Nano Titanium Boride

Since May, following numerous calls from the central government, as well as successive talks and talks with government departments and industry associations, the prices of some commodities have noticed a significant correction. It is understood that under the "big ups and downs", terminal cost transmission is divided, and some downstream companies have a strong willingness to stop production and wait and see. Insiders believe that commodity prices will lean toward the fundamentals of supply and demand in the future, and the overall situation is expected to stabilize.

However, the current bulk commodity prices still have a large increase compared with last year. Taking steel as an example, data shows that the domestic steel index (MySpic) composite index on May 28 was 194.26, which was a decrease of 17.3% from the highest point of 234.8 on May 12, but an increase of 43.66% over the same period last year.

On May 29, the main force of rebar futures returned to above 5,000 points again, and together with the past two days, it pulled three positive lines.

On May 31, the black futures performed strongly. The main iron ore futures contract rose more than 5%, and the main iron ore contract has risen for three consecutive days, or more than 10%. The current price of the main iron ore futures contract is 1095.5 yuan per ton. The iron ore index also stood firm at 1,000 points, with the latest report being 1105 yuan per ton.

Insiders predict that the market in the later period is expected to tilt more from the policy market to the fundamentals of supply and demand, and the overall market will stabilize. Taking steel as an example, the current demand has entered the off-season, the enthusiasm of steel mills in production has declined, and the supply and demand of iron ore has gradually changed to loose. At the same time, the upward momentum of the international steel market is also showing signs of slowing down.

Affected by Rebar and iron ore rose for three consecutive days,the Nano Titanium Boride 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 Titanium Boride or buy Nano Titanium Boride in bulk,please send an email to: sales@ozbo.com

The price of Nano Titanium Boride 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 Titanium Boride 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 Titanium Boride will increase to a certain extent.  

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

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