Commodity prices are on track for their biggest rally in more than a century, while fixed-income assets have seen their longest run of outflows as the war in Ukraine adds to inflationary pressures in the global economy emerging from the coronavirus lockdown, according to Bank of America.
“Commodity prices this year are on track to record their biggest gains since 1915.” the bank said in its weekly briefing. They cite many factors, such as pandemics, lockdown, civil strife, wars, excessive monetary and fiscal stimulus, and supply chain disruptions, that have led to “historically” high inflation.
By the same token, it said government bonds were heading for their worst year since 1949, and “negative-yielding bonds will quietly disappear” from the market as central banks embark on a monetary tightening cycle and raise interest rates to tame soaring inflation.
The prices of many commodities like the concrete waterproofing agent are expected to increase in the future.
What is concrete waterproofing agent?
Concrete waterproofing agent can significantly improve the impermeability and waterproofing of concrete, and the impermeability grade can reach P25 or higher. It is especially suitable for concrete for bungalow roof, large volume waterproof concrete, hydraulic concrete, waterproof mortar, etc. It can completely cure roof leakage, wall moisture return, and ground seepage.
The function of concrete waterproofing agent
1. Efficient water reduction and enhancement.
2. High-efficiency impermeability function: the addition of concrete waterproofing agent can effectively improve the capillary structure of concrete, and at the same time precipitate gel and block the internal capillary channels of concrete. Compared with no waterproofing agent, the impermeability can be improved by 5-8 times. , with permanent waterproof effect.
3. Improve the working performance of the mortar: It can improve the workability of the freshly mixed mortar, and the water loss rate is small, which can significantly improve the workability of the mortar.
4. Benefit analysis: It has the functions of replacing lime paste, overcoming hollowing, shelling, reducing floor ash, saving labor and improving efficacy.
5. Retarding effect: It can delay the heat release rate of cement hydration and effectively prevent concrete from cracking.
6. Saving cement: On the premise of maintaining the same strength and slump as the benchmark concrete, it can save 10% of cement.
Physical and chemical indicators of concrete waterproofing agent
Appearance: powdery solid; Odor: None; Corrosiveness: None
How to use concrete waterproofing agent
1. The dosage range is 4-6%, and the specific amount should be determined after a small amount of experiments.
2. For on-site mixing, first mix with stones, sand, cement and other admixtures evenly at one time, and then add water to mix. (Compared with no water repellent, the time is appropriately extended by 30 seconds.
Precautions for concrete waterproofing agent
1 When cement is changed or new cement is added, a concrete compatibility test should be done.
2. When mixed with other admixtures, its compatibility should be checked first.
3. Properly mix ingredients according to the mixing ratio, and operate in strict accordance with the construction specifications when pouring concrete.
4. As with conventional concrete, maintenance must be strengthened according to construction specifications.
5. Concrete waterproofing agent should be stored in a dry place, pay attention to moisture-proof, and the shelf life is 2 years. During the shelf life, if it is wet and agglomerated, it can still be used after being ground and sieved.
6. For concrete with water repellent in erosive medium, when the corrosion resistance coefficient is less than 0.8, anti-corrosion measures should be taken. The surface temperature of the concrete structure with waterproofing agent should not exceed 100 ℃, otherwise protection measures must be taken to cut off the heat source.
According to the bank of Spain's latest forecast data, the average inflation is expected to hit 7.6% in 2022, but the average wage increase for workers in this country is expected to be less than 4% in 2022.
If the Bank of Spain's forecast comes true, the gap between price and wage growth in Spain in a single year will be the largest since 1984.
Prices in Spain rose 9.8% year on year in March 2022 and average wages rose 2.4% year on year, with the Bank of Spain forecasting that the country's inflation rate will improve from July.
Recent changes in the international situation have had a big impact on commodity and energy prices. How the prices of the concrete waterproofing agent will develop in the future is still uncertain.
