The US President recently said the conflict between Russia and Ukraine had driven up the prices of all the world's major food staples, including wheat, corn, barley, oilseeds and edible oils, and that Russia and Ukraine together supplied more than 25% of the world's wheat exports and about 20% of its barley exports.
To address the food shortage, the Biden administration says it plans to increase the number of counties eligible for insurance for double cropping. Double cropping is when farmers grow two different crops a year on the same field.
Under Biden's plan, the number of counties eligible for two-season crop insurance would increase by 681, for a total of 1,935.
The UN has warned that up to 1.7bn people are "highly exposed" to the domino effect of the conflict between Russia and Ukraine on the global food, energy, and financial systems. The agency says conflict could increase hunger in countries where people are already suffering from malnutrition.
Even countries where food is less scarce are being hit by rising prices. U.S. grocery prices rose 1% in April, compared with a 10.8% increase over the past 12 months, the Labor Department said recently.
According to the White House, global food prices have risen nearly 13 percent since the outbreak of the Russia-Ukraine conflict.
Besides, affected by the ever-changing international situation, the supply and prices of international bulk lithium stearate powder are still very uncertain.
What is lithium stearate?
Lithium stearate, C17H35COOLi, is a lithium salt of stearic acid and is one of the metal soaps. This colorless, almost insoluble powder in water and alcohol, with a melting point of 220°C, is mainly used in the production of greases and waxes from oils. The resulting grease is thermally stable at temperatures up to about 150°C and remains lubricated as low as -20°C. Until the success of lithium-ion batteries, this is the largest quantitative application of lithium metal.
Small amounts of lithium stearate are also used to make pencils. The compound has extremely low toxicity when administered orally, which is why it is also used in cosmetics.
What is lithium stearate used for?
It is used as a general-purpose grease to provide high water resistance. Because it can be applied at both high and low temperatures, lithium stearate is used in many industries, from the automotive industry to the heavy machinery industry and even the aerospace industry. As a general-purpose grease, lithium stearate is also used as a stabilizer in the cosmetic and plastics industries. Because of its properties, the compound can also be used as a corrosion inhibitor in petroleum.
The following are the application areas of lithium stearate:
It can be used as a thickener for natural synthetic oils.
It facilitates the manufacture of lightweight metal molds.
It is a fine, thicker grease, well suited for high-temperature applications.
It can improve the melting point and enhance the elasticity of microcrystalline wax.
Because lithium stearate has a higher melting point than conventional sodium and potassium soaps (22°C compared to 140°C), it is more resistant to loss of consistency.
It has amazing rust and corrosion resistance.
Although it's water-repellent, lithium stearate works better in other types of environments.
This is a great sealant.
What is lithium grease?
Lithium grease was invented in the early 1940s. It's made from lithium hydroxide reacting with fatty acids. Modern lithium soaps (thickeners) consist of 12HSA (12-hydroxystearic acid, or triglyceride) and lithium hydroxide monohydrate in a base liquid.
Grease is one of the oldest lubricants used by humans, dating back to 1400BC. It reduces friction, is waterproof, and provides a seal. More than 90% of bearings use grease as a lubricant.
The base oil may be mineral oil or synthetic fluid, or a mixture of either or both. Many fats and fatty acids are suitable for making lithium soap. However, 12HSA and HCO (hydrogenated castor oil) are preferred. Lithium 12-hydroxy stearate grease is probably the best multi-purpose grease ever made.
Lithium grease has excellent water resistance (not as good as calcium), excellent mechanical or shear stability, excellent thermal stability, and excellent storage stability. As well as a continuous operating temperature of 130°C (266°F) and a drop point of 190-200°C. It is the most favored bearing grease in almost all industrial fields.
Lithium Stearate Powder Price
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
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Lithium Stearate Powder Supplier
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Europe's immediate goal of reducing its dependence on Russian gas in response to the conflict with Ukraine presents a rare opportunity for the United States, the world's largest gas producer. America's LNG exporters have made a fortune this time. Investors are bullish on the future of natural gas, as evidenced by the recent record high share price of Energy company Chenier.
But the outlook for more than a dozen new LNG projects is highly uncertain as construction costs rise, US gas prices soar and climate policymakers seek to move away from a long-term reliance on fossil fuels. Even the most advanced projects can take years to become operational.
Currently, the total U.S. LNG lithium stearate powder are expected to continue to rise in the future.
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