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Market Trend and Demand Crude oil skyrocketed significantly Will Affact the Price of Nano silicon powder

In the market that has finally cooled down, prices have risen again recently due to factors such as inflation and the suspension of production caused by extreme weather.

Due to raw material problems, BASF PA66 supply force majeure extended until August. Another major supplier Celanese also announced the extension of the PA66 delivery date! Italy Rantic announced in early July that heavy rains hit the Novara factory in Italy, causing a power outage in the factory. PA66 and its intermediate products produced by the factory, including HMD, adipic acid, nitric acid, PA66-salt, etc., all declared force majeure , Which made the already tight PA66 market worse.

According to media forecasts, the current international PA66 market is still extremely unstable, and supply may remain tight in the second half of 2021.

International crude oil prices have also been affected by market sentiment, US crude oil inventories have fallen by 7.983 million barrels, and the previous "OPEC +" oil-producing countries have failed to reach production agreements and other factors have soared. As of the close, the price of light crude oil futures for August delivery on the New York Mercantile Exchange rose by 1.15 US dollars to close at 75.25 US dollars per barrel, an increase of 1.55%; the London Brent crude oil futures for September delivery rose by 1.33 US dollars to close At 76.49 US dollars per barrel, an increase of 1.77%.

Affected by Crude oil skyrocketed significantly, the Nano silicon 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 silicon powder or buy Nano silicon powder in bulk,please send an email to: sales@ozbo.com

The price of the Nano silicon powder continues to be affected by the momentum of the marketplace

The price of Nano silicon 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 silicon 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 silicon 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 silicon powder,the cost of Nano silicon powder is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of Nano silicon powder will also be affected to a certain extent.It is estimated that the cost of Nano silicon powder will increase slightly from today to next week.

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

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