Market Trend and Demand Steel prices are already high for a while Will Affact the Price of nickel (II) oxide
The south is gradually entering the rainy season and high temperature period, downstream construction site purchases are limited, the recent steel transactions have weakened, coupled with the continuous decline in market prices, downstream wait-and-see sentiment has become increasingly strong, market demand has gradually become off-season characteristics, and merchants mostly focus on active shipments. The total steel output hit a new record high. Following the increase in social inventories of the five major steel products in the previous period, steel mill inventories also stopped falling and increased by 266,400 tons to 6,301,300 tons last week, and the total inventory increased by 645,600 tons to 20,538,900 tons. , Can basically confirm the inflection point of this round of accumulation.
The impact of the current off-season is obvious, and demand is gradually weakening. As steel prices fluctuate and weaken and gradually approach the cost line, steel mills’ profits continue to shrink, and steel production may decline in the later period. There is also a willingness to suppress upstream raw material prices. In the short term, merchants are dominated by the mentality of lowering prices and shipments, and the market still has certain downward pressure.
The performance of the raw material side is eye-catching. As July 1st approaches, the safety and stability maintenance work becomes more urgent. The market\'s expectations for the contraction of bifocal supply continue to increase, and various versions such as resource shortages continue to appear and continue to refute rumors, true and false, but market sentiment dictates that and The fact that there is not much inventory has played an obvious leading role in the promotion of bifocals.
Affected by Steel prices are already high, the nickel (II) oxide 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 nickel (II) oxide or buy nickel (II) oxide in bulk,please send an email to: firstname.lastname@example.org
The price of nickel (II) oxide 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 nickel (II) oxide 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 nickel (II) oxide will increase to a certain extent.
Due to changes in consumer demand,import and export conditions,and various investigations on the development of nickel (II) oxide,the cost of nickel (II) oxide is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of nickel (II) oxide will also be affected to a certain extent.It is estimated that the cost of nickel (II) oxide will increase slightly from today to next week.
However,Ozbo.com provides high purity Nano nickel (II) oxide with steady price.In order to feedback to old customers,the company is still in full operations to provide nickel (II) oxide with competitive price.said Olina,sales manager of 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 nickel (II) oxide 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 nickel (II) oxide, please send an email to: email@example.com