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 early strength agent 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. 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 early strength agent.
Mortar early strength agent is an important mortar additive, which has an important influence on the performance of mortar. it can improve construction efficiency and save construction cost.
Lithium carbonate is a kind of inorganic compound with chemical formula Li2CO3, which is colorless monoclinic crystal or white powder. The density is 2.11g/cm3. Melting point is 618℃(1.013*10^5Pa). Soluble in dilute acid. It is slightly soluble in water, and its solubility in cold water is higher than that in hot water. Insoluble in alcohol and acetone. It can be used to make ceramics, drugs, catalysts and so on.
Lithium salt early strength agents can promote the setting and early strength of cement mortar. The results show that lithium salt early strength agent shortens the hydration induction period by accelerating the rupture of hydration protective film, improves the low temperature hydration ability of cement mortar, obviously shortens the low temperature thickening time, and improves the low temperature compressive strength of cement mortar. it shows excellent effect of early strength at low temperature.
Because portland cement is often used in mortar, it is characterized by low strength at early stage and high strength at later stage. In order to improve its early strength, adding an appropriate amount of lithium carbonate to the product is very beneficial to improve its early strength.
In mortar products, lithium carbonate is mainly used in grouting materials, cement-based plastering mortars, repair mortars, seat pastes and other products. In order to improve the early strength, high alumina cement is usually added to the mortar as a setting accelerator, and antifreeze is needed in the low temperature environment. Lithium carbonate has dual functions, which can not only accelerate the hardening speed of cement and improve its early strength, but also avoid the problem of slow setting speed in winter construction or in low temperature and humid environment, so that cement products can be put into use as soon as possible. Lithium carbonate especially makes a great contribution to the early strength. In summer, the amount of lithium carbonate is usually 0.01%-0.03% of the quality of cement, while in winter, the amount of lithium carbonate should increase appropriately with the decrease of temperature, and the amount is about 0.02%-0.05%. The amount of lithium carbonate should not be too high, otherwise it will lead to cracking.
In addition, the performance of lithium carbonate to improve the early strength of mortar is not proportional linear. With the increase of the amount of lithium carbonate, the enhancement of its strengthening effect is no longer obvious.
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Inflationary pressures on Canadians continue to rise. The consumer-price index rose 6.7% in March from a year earlier, the biggest increase since January 1991, according to the latest figures from Statistics Canada.
On a month-on-month basis, Canada's CPI rose 1.4 percent in March, also accelerating from February's 1.0 percent rise.
Prices in the eight major sectors covered by the statistics continued to rise. The uptrend comes against the backdrop of continued price pressures in the Canadian housing market, widespread supply chain constraints, and geopolitical conflicts, according to CBC. A variety of factors have affected energy, commodity, and agricultural markets. Meanwhile, Canada's employment picture continued to improve in March, with the unemployment rate falling to a record low and the average hourly earnings of employees rising.
Excluding gasoline, Canada's CPI rose 5.5 percent year on year in March. It is also the highest since comparable data began in 1999.
The widespread supply chain constraints and geopolitical conflicts are expected to continue to affect the prices of the early strength agent.
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