The World Platinum Investment Association (WPIC) said recently that carmakers are accelerating reductions in palladium use and increased use of platinum due to concerns about Russian palladium supplies. However, it still expects a significant surplus in the platinum market this year.
Palladium is used by carmakers in tailpipe emissions systems to reduce carbon emissions. While carmakers prefer palladium for catalytic converters, they are turning to platinum, which is cheaper than palladium, to save costs.
Russia accounts for about 25-30% of the world's palladium supply and 8-10% of its platinum supply.
There is no sign that western sanctions against Russia have restricted palladium exports since the conflict escalated in February, but as the conflict continues, more companies could boycott The Russian metal and governments could impose restrictions.
Platinum is currently trading at about $950 an ounce, about half the price of palladium. Automakers use about 2.5 million to 3 million ounces of platinum and about 8.5 million ounces of palladium each year.
For the year as a whole, platinum supply will be 5 percent lower than in 2021 and demand 2 percent higher, with the automotive sector seeing a 16 percent increase due to increased light vehicle Titanium Carbide TiC Powder,Overview of Titanium Carbide TiC Powder,Application of Titanium Carbide TiC Powder,Titanium carbide TiC powder price,Titanium Carbide TiC Powder Supplier are still very uncertain.
Overview of Titanium Carbide TiC Powder
Titanium carbide TiC powder is a crystalline solid with gray metallic luster, hard quality, second only to diamond in hardness, and weaker in magnetic properties. The molecular weight is 59.89, the melting point is 3140 °C, the boiling point is 4820 °C, and the relative density is 4.93. Hardness 9-10. Insoluble in water, soluble in nitric acid and aqua regia. Titanium carbide TiC powder is stable to air below 800 °C, corroded by air above 2000 °C, and can react with pure oxygen at 1150 °C. For the manufacture of cemented carbide, also used as electrodes and abrasives for arc lamps.
Application of Titanium Carbide TiC Powder
1. Titanium carbide powder is used for high temperature thermal spraying materials, welding materials, hard coating materials, military aviation materials, carbides and cermets.
2. Titanium carbide powder is used as an additive in the production of thermistors to improve wear resistance.
3. Titanium carbide powder has a NaCl-type cubic crystal structure. Adding 6% to 30% of TiC to WC-Co cemented carbide forms a TiC-WC solid solution with WC, which can significantly improve red heat, wear resistance, oxidation resistance, Corrosion resistance and other properties, more suitable for processing steel than WC-Co cemented carbide. Alloys such as Ni-Mo can also be used as binders to form tungsten-free cemented carbides, which can improve the turning speed and the precision and finish of the workpiece.
4. It is used as tool material and additive for metal bismuth, zinc and cadmium smelting crucible, preparation of semiconductor wear-resistant film, HDD large-capacity storage equipment, is an important part of cemented carbide, used as deoxidizer in steelmaking industry, and also Used as cermet, it has the characteristics of high hardness, corrosion resistance and good thermal stability.
Titanium carbide TiC powder price
The price of titanium carbide TiC powder will change randomly with the production cost, transportation cost, international situation and market supply and demand of titanium carbide TiC powder. Tanki New Materials Co.,Ltd aims to help various industries and chemical wholesalers find high-quality, low-cost nanomaterials and chemicals by providing a full range of customized services. If you are looking for titanium carbide TiC powder, please feel free to send an inquiry to get the latest price of titanium carbide TiC powder (email@example.com).
Titanium Carbide TiC Powder Supplier
As a global supplier of titanium carbide TiC powders, Tanki New Materials Ltd. has extensive experience in advanced, engineered material properties, applications and cost-effective manufacturing. The company has successfully developed a series of powder materials (including boron carbide, aluminum carbide, boron carbide, etc.), high-purity target materials, functional ceramics and structural devices, and provides OEM services.
If you are looking for high quality titanium carbide powder, please feel free to contact us and send an inquiry. (firstname.lastname@example.org).India's imports of Russian crude oil fell in July for the first time since March, while Saudi Arabian crude oil imports rebounded for the first time in five months, Reuters reported.
India, the world's third-largest oil importer and consumer, imported 3.2 per cent less oil in July than in June to 4.63 million barrels a day, according to data. Of this total, Russian crude oil imports were about 877400 barrels per day, down about 7.3 per cent from the previous month, while Saudi crude oil imports were about 824700 barrels per day, up 25.6 per cent from the previous month. The move comes after Saudi Arabia lowered its official sales price in June and July. Middle East oil's share of India's overall imports fell slightly in July as India's purchases from Iraq fell 9.3 per cent below the 1 million b / d mark for the first time in 10 months compared with June.
However, Russia remains India's second-largest oil supplier, with Iraq in first place and Saudi Arabia in third place.
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