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Market Trend and Demand Import prices of recycled pulp will increase significantly in 2021 Will Affact the Price of cobalt hydroxide

Import prices of recycled pulp will increase significantly in 2021

Not only did the price of household paper rise, it is understood that Nine Dragons Paper (02689), which ranks No. 1 in the packaging paper industry in China, launched three rounds of price increases in May. Within a week, the price of Nine Dragons Paper base paper averaged three times. Rise once a day. Along with the news of Nine Dragons  base paper price increases, the cardboard market has also ushered in a new round of price increases, and many of them have already experienced the second round of increases.

In fact, the increase in pulp prices is closely related to the demand for pulp. In the first quarter of this year, Manzhouli Port imported 70,000 tons of pulp, a year-on-year increase of 37%; the value was 260 million yuan, a year-on-year increase of 42.1%.

Since 2003, China pulp imports have been ranked first in the world, and demand is increasing. Among them, wood pulp imports will reach 30.64 million tons in 2020, and imported wood pulp accounts for 72.8% of total wood pulp consumption. Not only that, the price of wood pulp has been rising all the way. Data shows that from July last year to March this year, the price of wood pulp rose on average by more than US$400/ton.

Affected by the Import prices of recycled pulp will increase significantly in 2021 the cobalt 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 cobalt hydroxide or buy cobalt hydroxide in bulk,please send an email to:sales@ozbo.com

The price of cobalt 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 cobalt 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 cobalt hydroxide will increase to a certain extent.  

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

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

 

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