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Magnesium hydroxide market to meet the peak price

Magnesium hydroxide in recent years can be described as hot, the topic constantly, firmly occupy the hot center of the chemical industry. Just after the Spring Festival in 2021, a number of magnesium hydroxide enterprises have issued price increase notices, causing great concern in the market.

It is not difficult to find in many price increase letters that the price adjustment reasons for magnesium hydroxide are almost the same. Affected by factors such as national environmental protection policies and market regulation, the prices of magnesium hydroxide-related raw materials have risen sharply, with an increase of about 5% to 12%. In 2021, the company's products are expected to increase by 10% to 15% compared with last year's purchase price.

Judging from the current situation, the rise in the price of magnesium hydroxide will indeed increase the manufacturing costs of some industries and enterprises in the short term, thus forcing relevant enterprises to transform and upgrade under environmental protection policies.

Hebei Xintao New Material Technology Co., Ltd. stated that magnesium hydroxide companies are currently facing difficulties in environmental protection policies and raw materials and the market, and price increases can alleviate the cost crisis to a certain extent. Because of its own characteristics, the future development of magnesium hydroxide is still in the rising stage, and it is expected to continue to develop steadily in the future.

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Hefei Zhongke Flame Retardant New Material Co., Ltd

Sales Department Telephone:15905609730
Ministry of Foreign Trade Telephone:13956052398
Comprehensive department Telephone:0551-67712199
Company headquarters address: Hefei Feidong Economic Development Zone Xianghe Road 36
E-mail:hefei@zkxcl.com

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