Home > News > The oil price has dived, will the foaming agent follow it?

The oil price has dived, will the foaming agent follow it?

wallpapers News 2020-03-20

On the 18th, international oil prices "dived" sharply, creating the most significant drop in nearly 20 years. At the close of the day, the cost of light crude oil futures delivered in April on the New York Mercantile Exchange closed at $ 20.37 per barrel, a decrease of 24.42%. The price of London Brent crude for May delivery closed at $ 24.88 per barrel, a reduction of 13.4%, The most substantial decline since June 2002 and November 2003, respectively. As of the evening of the 19th Beijing time, Brent crude was reported at the US $ 26.02 per barrel; the price of oil on the New York Mercantile Exchange was reported at the US $ 24.40 per barrel. "Middle East Economic Network," said on the 19th that the situation of international oil prices hovering at a low level is unlikely to change in the short term.

International oil prices have continued to fall, and Gulf oil-producing countries have been severely damaged, while some states in the world with significant demand for oil are good news.
Petroleum contains a large number of alkanes, naphthenes, aromatics, unsaturated hydrocarbons, and is the raw material for many chemical industrial products such as solvents, fertilizers, pesticides, and plastics. Including a part of the synthetic foaming agent, raw materials are also made by petroleum refining. This time the price of oil is reduced, the production cost of the factory that processes the fat will be relatively reduced. From the perspective of the entire market, the prices of various refined oil products will follow. The most obvious is gasoline and diesel. Their costs have been significantly reduced. Then there is the cement foaming agent. As a widely used additive in the construction industry at present, the foaming agent is widely accepted with excellent performance. As the price of raw materials dives, the market for foaming agents will fluctuate, and the costs of some foaming agent for cellular lightweight concrete will be reduced. Friends who want to start foaming agents, it is time. If you need a foaming agents, please contact email: info@cie-china.org

 


Say something
  • All comments(0)
    No comment yet. Please say something!
Tag: