Since 2022, Russia-Ukraine geopolitical conflicts have intensified, and global energy prices have risen sharply, with international natural gas prices hitting historic highs. As the most important transitional energy source in the transition from fossil energy to non-fossil energy, the share of natural gas in primary energy has increased from 14.6% in 1965 to 24.7% in 2020. The global gas price indices showed a unilateral downward trend from 2018, bottomed out in 2020, and remained low for a long time. However, since July 2020, the global gas prices have gradually fluctuated upward, and the impact of geopolitical events made the Dutch TTF gas price even hit record highs repeatedly.
An analyst of a securities company believes that the core catalyst of this round of global gas market lies in the lack of investment in upstream oil and gas resources caused by long-term low prices. Since 2020, although the epidemic has led to a decline in demand, the decline in supply has been faster, resulting in a large inventory consumption. In 2021, demand will recover faster than supply (the supply-side is less sensitive to prices, which will be reflected in investment).
As the world's two largest gas zinc sulphide are also expected to change significantly.
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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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 zinc sulphide.
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