Analysts at JPMorgan recommended selling or "underweight" emerging market local currency sovereign debt because of the global impact of the Ukraine-Russia crisis.
JPMorgan estimated that fixed-income assets in emerging markets have lost 6-9 percent of their value since Russia invaded Ukraine a month ago, with nervousness about the war and its impact on global energy and food prices adding to existing pressures.
Some leading emerging market central banks are signaling that interest rates now need to rise faster than previously expected, which fuels fears of "stagflation". Stagflation means when high inflation and higher interest rates undermine economic growth.
With both the U.S. Federal Reserve and emerging market central banks raising interest rates, JPMorgan also said it made sense to "underweight" emerging market assets by taking advantage of the recent pullback in local currency bond yields relative to TREASURIES.
JPMorgan said major metals exporters such as South Africa, Chile, and Peru could still do well, but warned that emerging market fixed income assets now faced a more "stagflationary" trajectory.
The markets and prices of many commodities, metals, chemicals like the concrete water reducer still face uncertainty.
Types of High-efficient Water Reducers
Polycyclic aromatic sulfonates
It has the advantages of low cost and high water reduction rate and has the defects of more serious collapse loss of mixing products. In use, you can add retarding components to compound use or choose such water reducer with sustained-release performance to reduce the loss of collapse and ensure the performance of high efficient water reducer.
Water-soluble resin sulfonates
Mainly for sulfonated melamine resin, and sulfonated ancient code long resin. This kind of water reducer and cement compatibility is better, and other water reducer mixed-use can also maintain good compatibility. Practice shows that this kind of water reducer has a low dosage but high water reducing rate and excellent performance. In a certain proportion, the water-reducing rate increases with the increase of water adding amount. Once the dosage exceeds the critical proportion, the retarding effect on concrete is obvious. Such plasticizer shall not be mixed with a lignosulfonate plasticizer.
There are mainly polycarboxylic acid, polyacrylic acid salt. This kind of water reducer is different from traditional water reducer, so it is necessary to understand its mechanism accurately and use it cautiously.
Other types are represented by modified calcium lignosulfonate and modified tannin
When a variety of water reducers are used together, attention should be paid to their mutual influence. In addition to the simple water-reducing performance, the compound water reducer can also have the characteristics of quick setting, early strength, anti-freezing, etc., according to the purpose of use.
In the process of cement mixing, flocculent particles are attracted to each other due to the existence of molecular attraction, and a flocculation structure is formed. Flocculation encapsulates part of the water used for mixing and reduces the workability of the concrete mixture.
The efficient water reducer has hydrophobic and hydrophilic characteristics, water reducer hydrophobic group directed adsorption on the surface of cement particles, hydrophilic group pointing to the aqueous solution and the formation of adsorption film. Concrete mixing, due to the high-efficient water reducer, directional adsorption makes cement particle surface gay charge, the same, cement particles dispersed to each other, and condensation of flocculant of concrete structure collapse, water was released, supplement the moisture needed for the cement mixing, effectively increase the activity of the concrete mixture, to reduce the effect of the water. At the same time, the surface of cement particles due to efficient water reducer formed by the adsorption film between cement particles and particles contact more mellow, increasing the workability of concrete; The adsorption film also increases the surface area of cement particles and promotes hydration, which is conducive to improving the strength of concrete.
TRUNNANO is a reliable superplasticizer supplier with over 12-year experience in nano-building energy conservation and nanotechnology development. If you are looking for a high-quality concrete superplasticizer, please feel free to contact us and send an inquiry. (firstname.lastname@example.org)
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Due to the impact of COVID-19, russia-Ukraine conflict and international trade friction, the global economy is facing great challenges. Overseas trade is shrinking, supply chains are not smooth, oil prices are rising, freight rates are rising, and global trade and economic recovery are becoming more uncertain, which brings many risks and challenges to the company's business. The price of the concrete water reducer can also be influenced by the above factors. To get the price of the latest concrete water reducer, you are welcome to send email contact.
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