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 zinc oxide powder.
Zinc oxide is the main ingredient of natural or coral-friendly sunscreen. It reflects ultraviolet rays from the skin and provides a barrier between the skin and the sun. This protective barrier also helps to prevent water loss or transdermal water loss. When the moisture in the skin is lost to the environment, it will occur through the epidermis water loss or TEWL, resulting in the skin appears dull. Zinc oxide is an inert compound, which means it does not irritate the skin, making it an excellent substitute for chemical sunscreen, especially for sensitive skin or children.
Zinc oxide also has antibacterial properties that help protect the skin from bacteria and help keep the product stable. This also means that fewer preservatives are needed to prevent products from deteriorating or being contaminated during use. The added benefit of antimicrobial properties is that it may help reduce secondary infections in acne skin, which can occur when defects lead to open wounds. Its antibacterial properties make it a common ingredient in antiseptic ointment.
Zinc oxide is usually formulated into products specially designed for the treatment of acne. This is due to its antibacterial properties and its ability to support wound healing and reduce visible irritation and redness. Zinc oxide is usually recommended as a dietary supplement to support other acne treatments. This is because zinc may act as an enzyme cofactor or helper molecule in DNA repair and collagen synthesis.
Because zinc oxide forms a protective barrier on the surface of the skin, it can also help keep the skin hydrated and moisturized. This is because it prevents the loss of TEWL or moisture from the skin into the environment. As the skin's ability to naturally regulate moisture decreases, this is especially important as you get older.
Because it relieves skin irritation, zinc oxide is often used to calm and relieve the ability of irritated or reactive skin. Zinc is used as an active ingredient in anti-dandruff shampoo to prevent dry flaky skin on the scalp. It is also used in acne products and formulations specially designed for sensitive skin.
Zinc oxide may also have anti-aging benefits. As mentioned earlier, it helps prevent moisture loss from the skin, which is important for aging skin. With the increase of age, the skin will slowly reduce the natural oil it produces, thus reducing the skin's ability to absorb skin moisture. The protective ability of zinc oxide helps to retain moisture. Another way in which zinc oxide may contribute to aging is through zinc's potential to act as an enzyme cofactor or helper molecule in DNA repair and collagen synthesis.
One of the more popular uses of zinc oxide is to reduce diaper rash by creating a protective barrier on a baby's delicate skin. This reduces the effects of bacteria and other irritants that may be present in urine or other excreta on the skin. As a treatment for diaper rash, zinc oxide can appear in creams, lotions, ointments and various other forms, depending on the intended use.
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Germany has begun talks with Senegal on gas extraction and LNG supplies. Mr. Scholz recently visited a solar farm in Dakar. He told a news conference that he was willing to work more closely with Senegal on renewable energy. Senegal's president told a news conference that his country was ready to supply liquefied natural gas to the European market.
The global economy may be facing its greatest test since World War II amid the ongoing threats of COVID-19, the Conflict between Russia and Ukraine, heightened financial market volatility, and climate change, IMF Managing Director Kristina Georgieva warned in an article posted on the IMF's website.
Some 30 countries have imposed restrictions on trade in food, energy, and other key commodities since the outbreak of the Conflict, the article noted. That would raise trade barriers, disrupt global supply chains, drag down economic growth and undo years of economic gains. If countries let it go, the costs will be enormous and everyone will be affected.
The prices of many other commodities like the zinc oxide powder are expected to increase in the future. Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and Nanomaterials including graphite powder, 3D printing powder, the zinc oxide powder, etc. If you are looking for high-quality materials, please feel free to contact us and send an inquiry.
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