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 lithium stearate powder.

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.
If you are looking for the latest lithium stearate powder price, you can send us your inquiry for a quote. ([email protected])
 
Lithium Stearate Powder Supplier
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 silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
If you are looking for high-quality lithium stearate powder, please feel free to contact us and send an inquiry. ([email protected])
 

China's non-manufacturing purchasing managers index for March was released by the China Federation of Logistics and Purchasing and the Service Industry Survey Center of the National Bureau of Statistics today. An index of business activity for the non-manufacturing sector as a whole fell below 50 percent. 

 China's non-manufacturing business activity index was 48.4%, down 3.2 percentage points from the previous month. The new orders index was 45.7 percent, down 1.9 percentage points from the previous month, indicating a significant slowdown in the growth of supply and demand in the non-manufacturing sector from the previous month.   In terms of sectors, the business activity index and new order index of transportation, accommodation and catering, culture, sports and entertainment, and tourism-related industries all declined significantly from the previous month. 

Then the lithium stearate powder of the market may be affected by significant changes, the price will also be volatile, if you want to know the latest news of the lithium stearate powder, welcome to contact us. 

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