Market Trend and Demand the three major raw materials continue to rise will affact the price of graphite product

After the iron ore and coal sectors have strengthened the day before, it is the turn of another branch of the steel sector in the "procyclical" today. After three weeks of adjustment, the steel sector rebounded today, with the sector rising by nearly 1.77% against the trend. In terms of individual stocks, Jiugang Hongxing pulled up the board, Yongjin and Taigang Stainless rose more than 7%, and seven stocks in the sector rose more than 4%. In this regard, some insiders said that the profit space of steel companies is expected to return to expansion, and the profit of steel companies in the second quarter is expected to continue to rise compared with the first quarter.

This round of rebound in the steel sector began on June 1, and the index began to stabilize and rebound after hitting its third low. As of today, the plate has rebounded 5.62% from the bottom in the last three trading days. In sharp contrast, during the nine trading days from May 10 to May 20, the steel sector fell by 16.87%, while rebar futures and hot coil futures fell by as much as 25.73% and 26.24% during the same period .

As the three major raw materials in the upstream of steel, coke, iron ore, and ferrosilicon have recently ushered in strong restoration after policy suppression. Among them, ferrosilicon rose by 15%, coke futures rose by 12%, and iron ore futures rose even more. In comparison, the growth rate of steel is relatively low, and the rise of upstream materials has given the confidence to rise in steel prices.

Affected by The three major raw materials continue to rise,the graphite product 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 graphite product or buy graphite product in bulk,please send an email to: sales@ozbo.com

The price of graphite product 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 graphite product 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 graphite product will increase to a certain extent.  

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

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