Gold is a high-quality hedge hedging tool, favored by investors. Especially in recent years, with the increasing instability of the world economy, gold has become one of the preferred asset allocations of investors because of its functions of hedging and fighting inflation.
Earlier, the worsening situation in Ukraine sent gold prices soaring to a two-year high of $2,070 an ounce. But gold, along with other commodities, fell back last week as conditions changed and bulls took profits, hitting a low of $1,895 an ounce. Rising gold prices may also have an impact on the PP fiber prices.
According to China Business News, Goldman Sachs raised its gold price forecast in early March, considering Asian buyers' gold consumption demand, investment demand and central bank gold purchase demand continue to rise. Three -, six - and 12-month targets were raised to $2,300, $2,500 and $2,500 an ounce, respectively, from $1,950, $2,050 and $2,150. The last time all three accelerated was in 2010-11 when gold prices rose nearly 70%.
The World Gold Council has also noted that global gold demand is at its highest level in nearly two years, which is linked to a recovery in consumption and consumer sentiment to combat inflation.
Overview of PP Fiber:
With the rapid development of chemical, environmental protection, and new energy industries, polypropylene PP fiber has a good prospect of use as a filter material. The new technology enables polypropylene fiber to have high filtration efficiency, high strength, light weight, and good chemical stability. The filter material has good peelability. Therefore, in the pharmaceutical, chemical, environmental protection, battery and other industries, as functional products such as hydrophilic membranes and ion exchange membranes. It has a good momentum of development and is a new high-tech product that enhances the added value of polypropylene fiber.
Data of PP Fiber:
Elongation at break,%
Modulus (1% tangent),Mpa
Properties and Characteristics for PP Fiber:
Polypropylene PP fiber has the advantages of high strength, good toughness, good chemical resistance and antimicrobial resistance, and low price, so it is widely used in ropes, fishing nets, safety belts, luggage belts, safety nets, sewing threads, cable skins, geotextiles , Filter cloth, papermaking felt and paper reinforcement materials and other industrial fields.
Package of PP Fiber:
Packaging: Packed in woven bags lined with plastic film, each bag has a net weight of 20 kg. If special specification packaging is needed, it can be customized in advance.
Storage: should be stored in a cool and ventilated warehouse, pay attention to moisture.
Suppliers of PP Fiber:
TRUNNANO is the global leader of Low-Density Cellular Concrete (LDCC), Celluar Light Concrete (CLC) and advanced engineered foam solutions. Known globally for its commitment to research, innovation, and applied expertise, we have been providing engineered foam solutions since the early 2012's.
If you are looking for PP fiber please feel free to contact us and send an inquiry, email address: [email protected]
Europe has been facing the gas shortage problem since the second half of 2021. The worsening situation in Russia and Ukraine has reduced Russian gas shipments to Europe, leading to a doubling of European gas prices. Energy shortages have sent electricity prices soaring. For these reasons, it is predicted that the price of the PP fiber will continue to increase.
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