Recently, on Sinopec's annual results teleconference, the company representative answered questions about the oil prices, and said that the future trend of oil prices is still very uncertain, and it is expected to be around $100 this year and $85 next year respectively.
Sinopec, "There are many factors affecting oil prices at the moment, including geopolitics, macroeconomic trends, the implementation of the policy of OPEC+, the strength of the US DOLLAR and so on. We see a lot of uncertainty in the future oil prices. It is impossible to predict the accurate price, but a general trend could be estimated."
According to Sinopec, international institutions generally have a forecast of around $100 this year and around $85 next year in the oil prices. As geopolitical problems and other issues ease next year, oil prices will be lower than this year.
The volatile oil prices in the international market will continue to affect lots of industries and the supply of many 92 white cement.
TR02 92whiteness 525 grade white cement
TR02 525 white cement is a green and environmentally friendly product with high strength and no radioactivity in the early stage. The product has high whiteness, high strength, low alkalinity, good stability, and bright and bright color.
Flexural strength, Mpa
Compressive strength, Mpa
Particel 45um, %
Setting time First set
Not less than 45 minutes
Setting time Final set
Not less than 1 0hours
Whiteness (Hunter values)
The main application:
This product is the material of choice for high-end inorganic artificial stone and high-end GRC products; its whiteness is extremely high, which can improve the problem of insufficient whiteness of inorganic artificial stone, reduce the use of titanium dioxide, and thus reduce production costs.
40kg, 50kg paper-plastic composite bag/1200kg ton bag
Store in a dry, ventilated and cool place, and do a good job of preventing moisture. It is best to isolate the cement from the ground with a pallet.
Grade: TR02 525
Particle(Specific surface area):420m2/kg
Bulk density: 1300kg/m3
Standard consistency: 27%
First setting time: 150minutes
Europe has been facing the gas shortage problem since the second half of 2021. The worsening situation in Russia and Ukraine has reduced Russian gas shipments to Europe, leading to a doubling of European gas prices. Energy shortages have sent electricity prices soaring. For these reasons, it is predicted that the price of the 92 white cement will continue to increase.
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