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Market Trend and Demand Iron ore rose more than 6% Will Affact the Price of Nickel (II) hydroxide

wallpapers News 2021-08-26

On August 24, the domestic steel market generally rose, and the ex-factory price of Tangshanpu billet rose by 20 to 4,930 yuan/ton.

Today, the black futures market rose across the board, market sentiment preference, traders reported higher shipments, but the transaction volume declined.

On the 24th, the main force of future snails rose strongly. The closing price of 5235 rose by 2.39%. DIF moved closer to DEA. The third-line RSI index was located at 47-49, running close to the middle track of the Bollinger Band.

Construction Steel: On August 24, the average price of 20mm Class III seismic rebar in 31 major cities across the country was 5,290 yuan/ton, an increase of 17 yuan/ton from the previous trading day. From the perspective of transactions, today low-price transactions are acceptable in the market, but high-priced shipments are weak, and the overall transaction throughout the day is lower than yesterday. At present, demand has not improved significantly, high-level transactions are not smooth, the speed of market destocking is relatively slow, and the release of downstream demand still needs time to verify.

Therefore, today market quotations are actively raised, and traders report that there is no bargaining space after the price is raised; on the demand side, market feedback, the shortage of automotive chips in the second half of the year is difficult to alleviate, and the current production enthusiasm of automobile OEMs is average; for steel mills, the settlement time is approaching , Steel mills quotations are firm, and the settlement prices of various steel mills are expected to be higher this month.

Affected by Iron ore rose more than 6%, lithium hexafluorophosphate rises,the Nickel (II) hydroxide 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) hydroxide or buy Nickel (II) hydroxide in bulk,please send an email to: sales@ozbo.com

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

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


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