Market Trend and Demand Steel prices rebounded sharply Will Affact the Price of nickel (II) oxide

The Ministry of Commerce recently emphasized at a press conference that it is necessary to always adhere to the strategic basis of expanding domestic demand, promote the formation of a strong domestic market, and focus on promoting consumption upgrades in the fields of automobiles, home appliances, and catering. It also emphasized the next step to ensure the prevention and control of the epidemic and adopt a series of consumption promotion activities to promote the prosperity of the city, the promotion of business by the festival, and the trend of saving the gathering, so as to better meet the multi-level and diversified consumer demand and increase consumption. Structure and energy level.

This also means that with the force of the policy of stimulating domestic demand and consumption in the second half of the year, the demand in the manufacturing industries such as steel downstream automobiles and home appliances is expected to rebound rapidly, which will benefit the release of steel demand and support steel prices.

Coincidentally, there have been more recent favorable steel price trends. Mongolia\'s coal imports have been suspended temporarily, increasing the tightness of coal supply and demand, coking coal and coke in the futures market, the daily limit of coking coal and coke, the support of steel raw materials has strengthened, and the spot price has risen accordingly.

The heavy rains and floods in Henan Province have suffered greatly earlier, and the government has also announced that it will invest 593.1 billion yuan to promote the 2015 post-disaster restoration and reconstruction infrastructure projects.

These infrastructure projects are conducive to stimulating steel demand, increasing market expectations for steel demand, and conducive to rising steel prices.

Affected by Steel prices rebounded sharply, lithium hexafluorophosphate rises,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: sales@ozbo.com

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.

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) 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: sales@ozbo.com