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 water reducing agent still face uncertainty.
Using concrete additives is the most effective, economical, and simple technical way to reduce the cement dosage, improve the utilization rate of industrial waste residue, and realize the high durability and performance improvement of concrete. It is a necessary material for manufacturing modern concrete. It is regarded as the third breakthrough of concrete technology after reinforced concrete and prestressed reinforced concrete.
Development Course of Water Reducing Agent:
As one of the most important concrete additives, water reducing agent plays an irreplaceable role in the development of modern concrete. Since the 1960s, Japan and Federal Germany have developed β -naphthalene sulfonate formaldehyde condensates and melamine-formaldehyde condensates superplasticizer, commonly known as high efficient water reducing agent, resulting in the worldwide high efficient water reducing agent research, development, and application of the boom.
This kind of traditional polyelectrolyte water-reducing agent, including naphthalene, melamine, sulfamate, and lentisulfonate, has a good working performance for fresh concrete, has been continuously developed and applied for more than 30 years, and still occupies a certain market share. At that time, due to the limitations of their own structure and dispersive mechanism, they had a series of insurmountable problems, such as large slump, large shrinkage, and environmentally unfriendly.
Later, the development of polymer synthesis technology accelerated the development of new efficient water reducing agents. In the early 1980s, Japan took the lead in successfully developing polycarboxylate series water reducing agents. This new generation of polycarboxylate superplasticizer overcomes some disadvantages of traditional superplasticizers and has such outstanding advantages as low yield, good slump protection performance, the low shrinkage rate of concrete, and strong adjustability of molecular structure, large potential of high performance, and no use of formaldehyde in the production process. It is the developing direction of high-performance concrete admixture at present.
Introduction to Polycarboxylate-based High-performance Water Reducing Agent:
Polycarboxylate-based high-performance water reducing agent is defined as containing carboxylic unsaturated monomer and other monomer copolymerization. It is a type of water reducing agent with excellent performance used to help concrete with reducing water, collapse protection, strengthening, shrinkage, and environmental protection.
According to the invention patents all over the world, polycarboxylate-based high-performance water reducing agents can be divided into two categories according to the structure of the main chain: 1. Polyether with acrylic acid or methacrylic acid as the main chain grafted with different side chain lengths. 2. Polyether with maleic anhydride as the ink branch with different side-chain lengths. At present, the main differences of polycarboxylate products on the market lie in: the main chain chemical structure and length, side-chain type, length and graft density, Ionic group content, molecular weight size, and distribution. Because the molecular structure of polycarboxylate has a large degree of freedom, it possesses the potential for high performance.
Suppliers of Superplasticizer:
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)
We accept payment via Credit Card, T/T, West Union, and Paypal. Trunnano will ship the goods to customers overseas through FedEx, DHL, by air, or by sea.
Overall, the demand for water reducing agents is on the rise, and future water reducing agents will continue to evolve. Although the prosperity of the brand name has rebounded, there are still many outstanding problems in production and operation. The proportion of enterprises reflecting high raw material cost, high labor cost, and capital shortage are 60.2%, 36.3%, and 32.0% respectively increased this month.
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