Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.Brent crude futures…
Since 2020, the demand for lithium battery raw materials has maintained a high growth trend. According to the data from the Federation of Travel Services, in May 2021, the price of battery-grade lithium carbonate surged by 139% compared with the “low…
Since April of 2020, the trend of rising oil prices has been maintained, and it is rising globally. The reason for this phenomenon may be that the global economy is slowly recovering, or it may be that last year epidemic has been well controlled. The…
According to reports, on July 9 this year, North American Stainless Steel (NAS), the largest stainless steel supplier in the United States, was forced to suspend production due to supply problems, and international commodity prices, including steel,…
According to data from the business agency, on July 27, the price of phosphoric acid rose by 6.8% from the previous day, ranking first in the commodity increase list. According to statistics, since July 17, the cumulative increase in phosphoric acid…
From the beginning of 2021 to the present, the Ministry of Industry and Information Technology and the Development and Reform Commission proposed to reduce steel production throughout the year. Under this expectation, the price of steel in the first…
The demand for batteries has driven the boom in the PVDF industry chain, and product prices have continued to rise. According to data from Baichuan Yingfu, since Q2 of 2021, PVDF prices have been rising. Since mid-April, the price of PVDF powder and…
The cold air-conditioning year of 2021 is about to come to an end. Affected by the increase in raw material prices and energy efficiency levels, the average price of air-conditioning products has increased significantly in the first half of the year.…
Also known as graphene, graphene is also a name for graphene. The graphene-like carbon nanomaterial appears almost the same as graphene. It is composed of carbon carbon molecules. Purity>99% Single layer ratio: 97% Definition of graphene Graphene G…
U.S. natural gas futures rose about 5 percent to a near nine-week high as global energy prices surged on concerns over a pricing plan for energy exports, keeping U.S. LNG export demand near record highs. U.S. natural gas prices have risen despite for…
Fatih Birol, executive director of the International Energy Agency (IEA), said Wednesday that the European Union could face a shortage of about 27 billion cubic meters of gas in 2023, or about 6.8 percent of the bloc's benchmark total gas demand.…
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