Answers

  • 0
  • 0

Market Trend and Demand Crude oil rises since April 2020 Will Affact the Price of bismuth sulfide

Since April of 2020, the trend of rising oil prices has been maintained, and it is rising globally.

The reason for this phenomenon may be that the global economy is slowly recovering, or it may be that last year epidemic has been well controlled. These reasons have caused the world crude oil demand to continue to rise.

my country has always been a country with relatively large demand for crude oil imports. In the first half of this year, crude oil imports reached 261 million tons. At this rate, it should be normal for my country annual demand to reach 500 million tons. Over 70% of the total crude oil consumed in my country is imported from abroad.

According to relevant data, Brent crude oil has so far increased by more than 50% this year. It is because of the influence of international oil prices that my country domestic oil prices continue to rise. This is all forced by the situation.

On July 14, international crude oil prices fell sharply, and all oil prices fell to varying degrees. Brent crude oil fell by 2.4%, and others also fell one after another, all showing a very tired look. Look like. Today, the two major international crude oil futures have continued to fall in a small range. Many people think that the reason for this phenomenon is related to the delay in the release of EIA data and higher than expected crude oil inventories.

International crude oil prices have fallen sharply. Will this lead to a drop in domestic oil prices? This is still very possible. In the past two days, my country oil prices have shown a significant decline. If this trend can be maintained, my country oil prices will continue to fall to a large extent.

Affected by Crude oil rises,the bismuth 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 November 2020-2026 will show an oval but steady growth.If you are looking for bismuth sulfide or buy bismuth sulfide in bulk,please send an email to: sales@ozbo.com

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

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

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

Inquery us

Our Latest Answers

Global Bi2O3 powder market trend 2023-2030 Bismuth Oxide Bi2O3 Powder Supplier by Newssunrainey

The World Platinum Investment Association (WPIC) said recently that carmakers are accelerating reductions in palladium use and increased use of platinum due to concerns about Russian palladium supplies. However, it still expects a significant surplus…

Global In625 powder market trend 2022-2026 Differences between In718 and In625 by Newssunrainey

The Group of Seven leading economies is discussing imposing a cap on Russian oil prices by imposing restrictions on insurance and shipping, according to people familiar with the matter. The potential mechanism would only allow shipments of Russian c…

Global market trend 2023-2028 Analysis of Hot rolled coil market in China and the impact on the slitting line price price market by Newssunrainey

Steel processing industry - Current status of the slitting line price Growth in the construction, automotive and consumer slitting line price has played a big role in providing the needed boost to the global steel processing industry. Th…