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The roble had hit a record low after the West imposed sweeping sanctions on Russia for its aggression in Ukraine. Russia's president recently ordered exports of Russian gas to "unfriendly" countries to be settled in robles. The speaker of Russia's upper house of parliament said Moscow was prepared and could shift supplies to markets such as Asia if Europe refused to buy Russian energy.
European countries, which pay mostly in euros, say Russia has no right to reset contracts. The G7 rejected Russia's demand and urged companies not to agree to pay in robles, saying most contracts stipulated payment in euros or dollars. Wholesale gas prices in Europe have risen further recently on concerns about potential supply disruptions.
The Kremlin spokesman said, "According to the March 31 deadline set by Russia's president, we are developing all payment methods to get a simple, understandable, and feasible system for relevant European and international buyers,"
The markets and prices of more commodities like the white cement would be affected because of the volatile international political situations.
What is white cement?
The raw material of appropriate composition is burned to partially melted. The clinker with calcium silicate as the main component and low iron content is added with appropriate amount of gypsum, and it is a white hydraulic cementing material made by grinding, called white silicate cement (referred to as white cement).
When grinding cement, it is allowed to add limestone not exceeding 5% of the cement weight.
Note: It is allowed to add grinding aids that do not damage the cement performance to grind cement, and the addition amount does not exceed 1% of the cement weight. Incorporation of other admixtures must be tested and submitted to the Ministry of Building Materials Industry for approval.
Grade of white cement:
(1) Label: There are four labels: 325, 425, 525, and 625.
(2) Whiteness: the minimum whiteness is not less than 87. 90 whiteness and 92 whiteness.
Characteristic of white cement:
White cement, white Portland cement is abbreviated as white cement, is a hydraulic cementitious material made of white Portland cement clinker added to gypsum and ground. The typical feature is high whiteness and bright color.
Applications of white cement:
The typical characteristic of white cement is that it has high whiteness and bright color. It is generally used as a variety of building decoration materials. Typical examples are stucco, sculpture, ground, terrazzo products, etc. White cement can also be used to make white and colored concrete components. It is the largest variety of decorative cement produced.
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The white cement industry has experienced demand expectations driven by the rise and the off-season tired stock driven by the seasonal decline in two rounds of the market. Affected by the COVID-19 epidemic and other factors, inventories of manufacturers continue to accumulate, putting pressure on market sentiment. In addition to off-season factors, the weak trend of white cement also reflects the market's concern about the epidemic and some other related enterprises' financial situation.
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