OPEC+ is likely to stick to its plan for a small increase in oil production in May despite a surge in oil prices caused by the Ukraine crisis and calls from consumer countries such as the United States for more supply.
Several oil consumers, including the US, have urged producers to boost output further, for the crude price has hit its highest level since 2008 of more than $139 this month. But major OPEC producers including Saudi Arabia and the United Arab Emirates did not raise their output targets, and other countries like Russia avoided talking about the subject of Ukraine.
OPEC+ is made up of the Organization of Petroleum Exporting Countries (OPEC) and the oil-producing Allies which is led by Russia. Since August 2021, OPEC+ has been sticking to its plan to increase production by 400,000 b/d per month, which will rise slightly to 432,000 b/d from May 1st.
This increase did not mean OPEC+’s concession to consumer countries demanding more oil, but an outcome of an internal recalculation of reference production levels, raising quotas for Saudi Arabia, Russia, Iraq, the United Arab Emirates, and Kuwait.
The supply and prices of many other products in global market like the Graphite will continue to be influenced by the oil supply shortage.
Graphite has many excellent properties, so it is widely used in metallurgy, machinery, electrical, chemical, textile, national defense, and other industrial sectors. The application fields of natural graphite and artificial graphite both overlap and differ from each other.
In the metallurgical industry, natural flake graphite can be used to produce refractory materials such as magnesia-carbon bricks and aluminum-carbon bricks because of its good oxidation resistance.
Artificial graphite can be used as steelmaking electrodes, while electrodes made of natural graphite are difficult to use in steelmaking electric furnaces with harsh operating conditions.
In the machinery industry, graphite materials are usually used as wear-resistant and lubricating materials. Natural flake graphite has good lubricity and is often used as an additive to lubricating oils.
The equipment for conveying corrosive media widely uses piston rings, sealing rings, and bearings made of artificial graphite, and need not add lubricating oil when working.
Natural graphite and polymer resin composite materials can also be used in the above fields, but the wear resistance is not as good as that of artificial graphite.
Artificial graphite has the characteristics of corrosion resistance, good thermal conductivity, and low permeability. It is widely used in the chemical industry to make heat exchangers, reaction tanks, absorption towers, filters, and other equipment.
Natural graphite and polymer resin composite materials can also be used in the above fields, but the thermal conductivity and corrosion resistance are not as good as those of artificial graphite.
To sum up, the development of artificial graphite products with natural graphite as raw material is one of the important ways to expand the application field of natural graphite.
Natural graphite as an auxiliary raw material has long been used in the production of some artificial graphite, but there are still many problems to be solved in the development of artificial graphite products with natural graphite as the main raw material.
Fully understanding and utilizing the structure and properties of natural graphite, and adopting suitable process routes and methods to produce artificial graphite products with special structures, properties, and uses should be the best way to achieve this goal.
High quality graphite manufacturer
Luoyang Moon & Star New Energy Technology Co., LTD, founded on October 17, 2008, is a high-tech enterprise committed to the research and development, production, processing, sales and technical services of lithium ion battery anode materials. After more than 10 years of development, the company has gradually developed into a diversified product structure with natural graphite, artificial graphite, composite graphite, intermediate phase and other negative materials (silicon carbon materials, etc.). The products are widely used in high-end lithium ion digital, power and energy storage batteries.
If you are looking for graphite or lithium battery anode material, click on the needed products and send us an inquiry：firstname.lastname@example.org
Prior to the impact of COVID-19 on the chemicals and materials industry and the price of the Graphite, many industry observers expected low to flat growth in 2021 in all regions outside Asia, with many countries seeing slower growth compared to recent years. Operational excellence has long been a hallmark of the Graphite chemical industry, and many companies are financially able to withstand short-term dips in end-market demand due to rapid leverage from reduced capex on hand.
The analysis shows that, whatever the final course of the pandemic, we can expect the inevitable long-term effects. Workplaces are expected to slowly return to pre-COVID-19 practices. Companies investing in enterprise-wide digital initiatives saw these "payoffs" in the early pandemic environment. For more information about Graphite, please feel free to contact us.
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