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.
What is Nitinol?
Nitinol is a shape memory alloy, which is a special alloy that can automatically restore its own plastic deformation to the original shape at a certain temperature, and has good plasticity. In addition to its unique shape memory function, memory alloys also have excellent characteristics such as wear resistance, corrosion resistance, high damping and superelasticity.
Nickel-titanium alloy has a strong "memory", it can accurately restore its original shape with the change of temperature, use it to fill teeth, and even the frog holes that you have twisted around can be inlaid very tightly; use it to When connecting the pipes, it will be like the tight hoop on Sun Wukong's head, which can shrink automatically and is very firm.
Uses of Nitinol
The pipe joint device made of nickel-titanium alloy can automatically shrink when heated, so the pipe joint can connect the catheter very firmly. This kind of pipe joint is used in the system of naval ships and some chemical devices. Many countries use shape memory alloys to make self-fastening rivets to fasten the connection of some special parts such as aircraft and spacecraft. The United States also uses shape memory alloys to develop an antenna that opens automatically in a spacecraft. This antenna can be automatically folded and put into the spacecraft. As the flight altitude rises, the temperature rises under the sunlight, and the folded antenna will automatically open again.
Nitinol can also be used for the early alignment and leveling of patients' dentition. Due to the superelasticity and shape memory properties of the Nitinol archwire and the lower stress-strain curve, the Nitinol archwire is currently routinely included in the clinical practice. The arch wire of the orthodontic system.
Nickel-titanium push springs and tension springs are springs for orthodontics. They are super-elastic with nickel-titanium, and are suitable for orthodontic treatment to open up gaps between teeth and pull teeth in different directions.
About KMPASS
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, please send an email to: sales2@nanotrun.com
COVID-19 has led to many sites shutting down. What is the impact on China's foreign trade enterprises as a whole and small, medium and micro foreign trade enterprises?
. It is learned that some foreign trade enterprises have been affected by the epidemic and are facing periodic problems in Nitinol operated by foreign trade enterprises will also fluctuate with the changes of the epidemic. Contact us for the latest quotation on Nitinol.
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