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Why THPS price has risen sharply recently?
Source:THPS supplier | Author:Amy song | Published time: 2021-08-26 | 404 Views | Share:
The price of THPS has risen by 250% from September of last year to the present, and it has been advancing all the way. It has risen by about 400 usd/mt in just 2 weeks. What is the reason for the increase in the price of THPS? Will the subsequent rally continue or will it be an occasional impulse rebound?

The price of THPS has risen by 250% from September of last year to the present, and it has been advancing all the way. It has risen by about 400 usd/mt in just 2 weeks. 


What is the reason for the increase in the price of THPS? Will the subsequent rally continue or will it be an occasional impulse rebound?


After a lot of market research, we found that the current price rebound is mainly caused by the sharp rise in raw material prices, insufficient market supply and demand, environmental pressure, etc., that is, the serious imbalance between market supply and demand. With the balance of supply and demand being broken, the rapid rise in the price of raw materials this time is the most direct cause of the increase in THPS prices.


   So in the next few months or longer, will THPS prices continue to rise? To what extent can the rate of increase be reached? We cautiously believe that it is not too early to judge that the THPS bull market has arrived. The follow-up depends on the market situation to judge.


In the next time, we will pay close attention to the analysis of the international and domestic THPS market, and will publish the latest THPS price change information on this website.