As the world deals with potential supply shortages, oil prices are soaring again, with more dramatic spikes and sudden drops expected.
For consumers, that means more expensive gas for longer - prices at the pump remain above $4 a gallon. For the economy, that means more inflation. In addition to the pressure on consumers, any business that relies on oil -- from airlines and truck drivers to chemical companies and plastics producers -- will face higher costs.
Mr Pickering estimates that 2m to 3m barrels a day of Russian oil shipped by water are frozen out of the market with no direct buyers. Due to the soaring oil price, the price of the Spherical Aluminum Oxide Powder in the chemical industry will also
be greatly affected. He said China and India are continuing to buy Russian crude. "I'm sure there will be others willing to take on more over time," he said. Mr Pickering said he did not expect oil to return to $130 a barrel, but added that it could happen. West Texas Intermediate for April settled 7% higher at $112.12 a barrel on Monday.
Francisco Branch, head of commodities and derivatives at Bank of America, said the US market was ready for cyclical price spikes and price swings in the product name.
Overview of Spherical Aluminum Oxide Powder
Alumina is an inorganic substance with the chemical formula Al2O3.It is a high-hardness compound and is also called bauxite in mining,ceramics and materials science.It is a white solid insoluble in water,odorless,tasteless,and very hard in nature.It is easy to absorb moisture but does not deliquescence (non-hygroscopic after burning).Alumina is a typical amphoteric oxide (corundum is alpha-shaped and belongs to the most densely packed hexagonal compound.It is an inert compound,slightly soluble in acid and alkali and corrosion resistant. It is soluble in inorganic acids and alkaline solutions,but almost insoluble in water And non-polar organic solvents;relative density (d204) 4.0;melting point 2050°C,boiling point 2980°C,ionized ionic crystals at high temperature,often used to make refractory materials.
What is the applications of Spherical Aluminum Oxide Powder
1.Paint: porcelain paint, wear-resistant paint and plasma spraying.
2.Ceramics:transparent ceramics, bio-ceramics and alumina ceramics.
3.Petrochemical products: high-efficiency catalysts, catalyst carriers and automotive exhaust gas purification materials.
4.Polishing materials: sub-micron/nano-level abrasive materials,single crystal silicon wafer polishing, precision polishing materials.
5.Illumination: Long afterglow phosphor raw materials and rare earth three-color phosphor raw materialshigh-pressure sodium lamp tubes, LED lights, etc.
6.Electronic products: integrated circuit substrates, single crystal materials and far infrared materials.
7.Cosmetics: cosmetic fillers.
8.Inorganic membrane materials.
Alumina Al2O3 is suitable for a variety of wet and dry treatment processes. It can grind the rough surface of any workpiece finely. It is one of the most economical abrasives. This kind of sharp and water chestnut synthetic abrasive has hardness second only to diamond, and is especially suitable for use when there are strict requirements for iron pollution. Used for the roughest cutting, it can also be made into a pebble shape to process precision-sized workpieces to achieve extremely low roughness. Due to its high density, sharpness, and rhombohedral structure, it is one of the fastest cutting abrasives.
The main supplier of Spherical Aluminum Oxide Powder
Luoyang Trunnano Tech Co., Ltd (TRUNNANO) is a professional oxide powder supplier with over 12 years of experience in chemical products research and development. We accept payment via Credit Card, T/T, West Union, and Paypal. Trunnano will ship the goods to customers overseas through FedEx, DHL, by air, or by sea.
If you are looking for high-quality boron carbide powder, please feel free to contact us and send an inquiry.
Prior to the impact of COVID-19 on the chemicals and materials industry and the price of the Spherical Aluminum Oxide Powder, many industry observers expected low to flat growth in 2021 in all regions outside Asia, with many countries seeing slower growth compared to recent years. Operational excellence has long been a hallmark of the chemical industry, and many companies are financially able to withstand short-term dips in end-market demand due to rapid leverage from reduced capex on hand.
The analysis shows that, whatever the final course of the pandemic, we can expect the inevitable long-term effects. Workplaces are expected to slowly return to pre-COVID-19 practices. Companies investing in enterprise-wide digital initiatives saw these "payoffs" in the early pandemic environment.
TRUNNANO provides high quality Spherical Aluminum Oxide Powder with reasonable price. “In order to feedback to old customers, the company is still in full operations to provide Spherical Aluminum Oxide Powder with competitive price.” said Amy Gao, sales manager of TRUNNANO. Please feel free to contact us to get the latest price.
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