As the world deals with potential supply shortages, oil prices are soaring again, with more dramatic spikes and sudden drops expected.
For consumers, that means more expensive gas for longer - prices at the pump remain above $4 a gallon. For the economy, that means more inflation. In addition to the pressure on consumers, any business that relies on oil -- from airlines and truck drivers to chemical companies and plastics producers -- will face higher costs.
Mr Pickering estimates that 2m to 3m barrels a day of Russian oil shipped by water are frozen out of the market with no direct buyers. Due to the soaring oil price, the price of the (NH4)2SO4 in the chemical industry will also
be greatly affected. He said China and India are continuing to buy Russian crude. "I'm sure there will be others willing to take on more over time," he said. Mr Pickering said he did not expect oil to return to $130 a barrel, but added that it could happen. West Texas Intermediate for April settled 7% higher at $112.12 a barrel on Monday.
Francisco Branch, head of commodities and derivatives at Bank of America, said the US market was ready for cyclical price spikes and price swings in the product name.
About Ammonium sulfate:
Ammonium sulfate, (NH4)2SO4, is an inorganic salt with a number of commercial uses. The most common use is as a soil fertilizer.
Specifications and properties of Ammonium sulfate:
|Molar mass:||132.14 g/mol|
|Appearance:||Fine white hygroscopic granules or crystals|
|Melting point:||235 to 280 °C (455 to 536 °F; 508 to 553 K) (decomposes)|
|Solubility in water:||70.6 g per 100 g water (0 °C);74.4 g per 100 g water (20 °C) |
103.8 g per 100 g water (100 °C)
|Insoluble in acetone, alcohol and ether|
|Magnetic susceptibility (χ):||-67.0·10−6 cm3/mol|
|Critical relative humidity:||79.2% (30 °C)|
Ammonium sulfate is widely utilized as a fertilizer for alkaline soils. In biochemistry it is used for purification of proteins via ammonium sulfate precipitation method. As a food additive, it serves as an acidity regulator in flours and breads. It is used in the preparation of other ammonium salts, particularly ammonium persulfate. It is applied in several applications as a flame retardant and a wood preservative. It finds use as raw materials for various chemical products such as dyes and pharmaceutical products. A saturated solution of ammonium sulfate in heavy water is employed as an external standard in sulfur-33 NMR spectroscopy.
Storage Condition of Ammonium sulfate:
Damp reunion will affect Ammonium sulfate dispersion performance and using effects, therefore,Ammonium sulfate should be sealed in vacuum packing and stored in cool and dry room, the Ammonium sulfate can not be exposure to air. In addition, the Ammonium sulfate should be avoided under stress.
Packing & Shipping of Ammonium sulfate:
We have many different kinds of packing which depends on the Ammonium sulfate quantity.
Ammonium sulfate packing:vacuum packing, 100g, 500g or 1kg/bag, 25kg/barrel, or as your request.
Ammonium sulfate shipping:could be shipped out by sea , by air, by express as Soon as possible once payment receipt.
Ammonium sulfate is an inorganic substance with the chemical formula (NH4)2SO4, colorless crystals or white particles. Odorless. Decomposes above 280℃.
The COVID-19 pandemic has affected economies and chemical companies in many countries around the world. Measures such as extending holidays and resuming work were taken to control the development of the epidemic, and the normal operation of some chemical enterprises was also affected to some extent.
We provides high quality (NH4)2SO4 with reasonable price. “In order to feedback to old customers, the company is still in full operations to provide (NH4)2SO4 with competitive price.” said Olina, the sales manager.
Chemical production is highly dependent on transportation, and the epidemic affects the circulation of people and materials first. Predictably, none of this is rosy. In densely populated areas with large mobility, the situation of epidemic prevention and control becomes more severe in the later stage. If you are looking for the (NH4)2SO4, feel free to contact us.
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