The Brazil unemployment rate rises Will Affect the Price of vanadium sulfide

It is reported that from November last year to January this year, the unemployment rate in Brazil rose to 14.2%, an increase of 0.3 percentage points from the previous three-month statistical cycle. The number of unemployed people in the country during the same period was 14.3 million. In terms of salary, during this statistical period, the average monthly salary of Brazilian employees was 2,521 reais (1 U.S. dollar equals to 5.6 reais), a decrease of 2.9% compared with the statistical period from August to October last year and the same period last year. Compared with an increase of 2.3%.

The Brazilian National Geographic and Statistics Bureau publishes unemployment rate data once a month, with a three-month statistical cycle. The data shows that in this statistical period, the number of employees in Brazil was 86 million, an increase of 1.7 million compared with the statistical period from August to October last year, and a decrease of 8.1 million compared with the same period last year.

Affected by the Brazil unemployment rate rises, the vanadium sulfide market is changing rapidly. These changes are indicators of market growth. This year-on-year upward trend in the market indicates that the next February 2021-2026 will show an oval but steady growth. If you are looking for vanadium sulfide or buy vanadium sulfide in bulk, please send an email to: sales2@nanotrun.com.

The price of vanadium sulfide 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 vanadium sulfide 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 vanadium sulfide will increase to a certain extent.

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

However, KMPASS provides high purity vanadium sulfide with steady price. “In order to feedback to old customers, the company is still in full operations to provide vanadium sulfide with competitive price.” said Aimee, sales manager of KMPASS.

About KMPASS

KMPASS 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 vanadium sulfide manufacturer, KMPASS 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 vanadium sulfide, please send an email to: sales2@nanotrun.com