Formosa Plastics and Total Group Announce PP Price Increases in July
Last week, we mentioned that Exxon Mobil, Lyondell Basel, Dow and other 8 global PE giants collectively announced price increases! Part of the increase is even closer to 1,000 yuan.
This week, the PP industry giants also joined this July price increase relay. At present, two overseas PP manufacturers are pushing for another price increase in July.
TotalEnergies (Total Group, one of the largest energy companies in France) stated in a letter to customers that starting from July 1st, in addition to any changes in monomer prices, it will also increase the price of its polypropylene products by $0.03/ Pounds (approximately 428 yuan/ton).
At the same time, Formosa Plastics issued a letter to its customers announcing that since July 1st, except for the changes in PGP contract pricing, the price of all Formolene polypropylene products has increased by US$0.05/lb (about 711 yuan/ton). . Formosa said the price increase is in addition to any previously announced price increases. The company announced an increase of $0.08 per pound in June.
Leading price increases are often the indicator of price trends in the industry, and the market outlook may further boost the market for raw materials.
Affected by the Formosa Plastics and Total Group Announce PP Price Increases in July the molybdenum disulfide 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 molybdenum disulfide or buy molybdenum disulfide in bulk,please send an email to:email@example.com
The price of molybdenum disulfide 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 molybdenum disulfide 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 molybdenum disulfide will increase to a certain extent.
Due to changes in consumer demand,import and export conditions,and various investigations on the development of molybdenum disulfide,the cost of molybdenum disulfide is constantly changing.Taking into account the current market macroeconomic parameters, value chain analysis,channel partners,demand and supply,the cost of molybdenum disulfide will also be affected to a certain extent.It is estimated that the cost of molybdenum disulfide will increase slightly from today to next week.
However,Ozbo.com provides high purity Nano molybdenum disulfide with steady price.In order to feedback to old customers,the company is still in full operations to provide molybdenum disulfide with competitive price.said Olina,sales manager of 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 molybdenum disulfide 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 molybdenum disulfide, please send an email to:firstname.lastname@example.org
Is boron amorphous or crystalline?Boron can be prepared in several crystalline and amorphous forms. The well-known forms of crystallization are α-rhombohedral (α-R), β-rhombohedral (β-R) and β-tetragonal (β-T). In spec…
What is copper oxide?Copper oxide is an inorganic substance. Copper oxide chemical formula is CuO. It is a black oxide of copper. Slightly bisexual and slightly hygroscopic. Insoluble in water and ethanol, easily soluble in acid, thermally stable, de…
Expandable graphite or exfoliated graphite is made from the naturally occurring mineral graphite. The layered structure of graphite allows molecules to be inserted between the graphite layers. By adding acid, graphite sulfate can usually be converted…