Risk aversion plunged on the positive news of the Russia-Ukraine talks. After several days of rising oil prices, the price of precious metals continued to fall. Domestic futures markets remain stable for the time being.
Back in international markets, WTI crude futures briefly dipped below $100 a barrel, while Brent crude hit its lowest intraday level in nearly two weeks. Spot gold briefly fell below $1,900 an ounce. Comex gold futures closed down 1.1 percent at $1,918.4 an ounce. Comex silver futures closed down 1.14 percent at $24.91 an ounce. "Recently, crude oil prices have been extremely sensitive to changes in geopolitical news." Traders believe that the current oil price is still in the broad impact, Ukraine will still be a premium in the case, although the market further decline, but should not be too pessimistic, it is recommended to wait and see for the time being. The Ukrainian premium is still there and there will be some volatility in the zinc sulphide market.
What is zinc sulfide?
Zinc sulfide is an inorganic compound with the chemical formula ZnS, which is a white or slightly yellow powder, which becomes darker when exposed to light. It is stable in dry air, and gradually oxidizes to zinc sulfate when placed in humid air for a long time or when it contains moisture. White or slightly yellow powder. It turns into crystals when burned in H2S gas. The α variant is a colorless hexagonal crystal with a density of 3.98g/cm3 and a melting point of 1700°C; Exist in sphalerite. Insoluble in water, soluble in acid. See the sun color darken.
Zinc sulfide (ZnS) is a naturally occurring salt and a major source of zinc. It exists in two common crystalline forms (polymorphs): sphalerite ("sphalerite"), which has a cubic crystal structure and is the predominant form in nature.
It will be converted into zinc sulfate when placed in humid air for a long time. It is generally derived from the action of hydrogen sulfide and zinc salt solution. If a small amount of Cu, Mn and Ag are added to the crystal ZnS as activators, they can emit different colors of fluorescence after being illuminated. For analytical reagents, coatings, paints, white and opaque glass, filling rubber, plastics, and for the preparation of phosphors.
What is zinc sulphide used for?
The most common use of zinc sulfide is as a pigment in paints, plastics and rubber. It can also be used as an analytical reagent, a matrix of phosphors, a photoconductor material; it can also be used in the manufacture of dyes, coatings, pigments, glass, and curing oil.
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The Japanese minister of Economy, Trade, and Industry recently held talks with the U.S. Secretary of Commerce and industry in Washington, where he is visiting, and agreed to include basic principles on joint research and development of semiconductors and strengthening of supply chains. Japan's economy, Trade and Industry Minister has asked the United States to increase the zinc sulphide will continue to increase in the future.
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