Russian president demanded that exports of Russian gas to "unfriendly" countries be settled in rubles. The demand has raised concerns in Germany about possible supply disruptions and the impact on industry and households if utilities do not pay in robles. Europe gets about 40% of its gas from Russia. Last year, Europe imported about 155 billion cubic meters. Germany, Europe's largest economy, depends heavily on Russian gas.

The chief executive of Germany's E.ON said the German economy would face "significant damage, which should be avoided if possible" without Russian supplies. He also said it would take Germany three years to wean itself off Russian gas.  

In the event of a supply disruption, Germany's gas network regulator would prioritize home heating over industrial use, so energy-hungry manufacturers such as steelmakers would be the first to suffer, he said.

The volatile international situations will continue to affect the markets and prices of many commodities like the Calcium stearate emulsion.

The Calcium stearate emulsion 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 Calcium stearate emulsion also reflects the market's concern about the epidemic and some other related enterprises' financial situation. 

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