Market Trend and Demand Chemical urea quotes rise Will Affact the Price of Silicone

On March 24, the urea equipment of Shandong Jinmei Mingshui Chemical Group Co., Ltd. was operating normally. Small granular urea was quoted at 2,140 yuan/ton, and the quotation increased by 10 yuan/ton. The actual transaction price was mainly negotiated.

In terms of demand: agricultural demand is mostly on-demand, terminal purchase willingness is average, and agricultural purchases in mainstream regions are cautious; downstream compound fertilizer and rubber sheet factories have increased slightly, and small orders are followed up on dips, and most of them are on the market. On the supply side: The current operating rate of urea companies is about 80%, and the daily output is about 160,000 tons. The start-up load of urea enterprises has increased, and the supply side is sufficient. Due to the increasing demand for multi-site workers, the Indian bidding has a positive impact, the domestic market mentality has improved, and some manufacturers are still willing to price.

Affected by the Chemical urea quotes rise, the Silicone 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 Silicone or buy Silicone in bulk, please send an email to: sales@ozbo.com

The price of Silicone 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 Silicone 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 Silicone will increase to a certain extent.  

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

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

OR contact us by the following link: https://www.ozbo.com/contact-us.html