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 Nitinol Alloy.
What is Nitinol?
The tensile strength of Nitinol can reach 1000 MPa. That is to say, it takes more than 100 dry grams of force per square millimeter to break it, which is stronger than ordinary steel, and also has good "memory" performance and corrosion resistance.
Nitinol contains 50% nickel and 50% titanium, that is, the components of nickel and titanium are equally divided, each accounting for half. The temperature range of its shape memory can be adjusted by controlling the composition. In general, the higher the nickel content of Nitinol, the lower the operating temperature. When the nickel content is 55% and the titanium content is 45%, the memory alloy can work at room temperature.
People have used this feature of memory alloys to make pearl necklaces and bracelets made of memory alloy wires, as well as bras woven with memory alloy wires. When these decorations and health care products are worn on the body, they will restore their original curvature and stiffness under the action of human body temperature, thus playing a role in decoration and health care. In addition, the orthodontic wire can also be made of Nitinol alloy, which can use the temperature of the human mouth to correct the deformed teeth.
KMPASS is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. The company export to many countries, such as USA, Canada, Europe, UAE, South Africa, Tanzania,Kenya,Egypt,Nigeria,Cameroon,Uganda,Turkey,Mexico,Azerbaijan,Belgium,Cyprus,Czech Republic,Brazil, Chile, Argentina, Dubai, Japan, Korea, Vietnam, Thailand, Malaysia, Indonesia, Australia,Germany, France, Italy, Portugal etc. As a leading nanotechnology development manufacturer, KMPASS dominates the market. Our professional work team provides perfect solutions to help improve the efficiency of various industries, create value, and easily cope with various challenges. If you are looking for Nitinol powder, please send an email to: firstname.lastname@example.orgResearchers at the University of Warwick in the UK have developed a lithium battery technology innovation. Adding graphene beams doubles battery life. By strengthening the structure of the anode with graphene beams, they have found an effective way to replace the graphite in the anode with silicon. Thereby increasing the capacity of the lithium-ion battery and more than doubling the lifespan.
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