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 Nano diamond Powder,Overview of Nano diamond Powder,Application of nano diamond powder,Nano diamond powder price,Nano diamond powder supplier are still very uncertain.
Overview of Nano diamond Powder
Nano diamond Powder is the hardest material known. The industrial production of nanoscale diamond is carried out under high temperature and pressure.
Nano diamond powder is gray spherical high surface area carbon. Nanoscale carbon particles have a typical surface area of 10-45 nanometers (nm), a specific surface area (SSA) in the range of 30-50 m2/g, an average particle size in the range of 75-100 nm, and a specific surface area of about 2-10 m2 /g. Nanodiamonds or diamond nanoparticles are diamonds less than 1 micron in size. They can be created by impact events such as explosions or meteorite impacts. Nanodiamonds have been widely used due to their low cost, large-scale synthesis, surface functionalization potential, and high biocompatibility. It has been investigated as a potential material in biological and electronic applications as well as in quantum engineering.
Application of nano diamond powder
Diamond nanopowder is one of the most widely used and versatile nanopowders on the market. It has been widely used in electronics manufacturing, jewelry, textiles and corrosion-resistant coatings. It is used as a reinforcing agent for various substances and is engaged in the manufacture of synthetic diamonds. There are countless other businesses. Nano-diamonds are widely used in aerospace, aircraft manufacturing, information industry, precision machinery, optical instruments, automobile manufacturing, chemical plastics and lubricants and other industries.
1. Polishing: Nano diamond provides high-precision polishing on even the roughest surfaces, making it the coating of choice for such tasks. As an ultra-precision polishing and grinding material, it is used for ultra-precision polishing of magnetic heads, hard disk drives, gemstones, hard glass, ceramics, and cemented carbide;
2. Lubricant: used as an additive for lubricating oil or engine oil, which can greatly improve the running performance of industrial machinery and vehicles, reduce failures and prolong service life;
3. Protective coating: adding diamond nanopowder in the protective coating can greatly improve its damage resistance at a lower cost. Coating of metal molds, tools, components, etc., can improve wear resistance, surface hardness, and prolong service life;
4. Reinforcing agent: Nano-diamond powder can be used in resins, ceramics, rubber and countless other compounds to improve durability and resilience.
5. Quantum engineering: New research shows exciting possibilities for nanodiamonds in quantum computing and other quantum engineering projects.
6. High-precision polishing: suitable for computer disk heads, panels, chips, optical lenses and jewelry; additives in polymer complexes - can be used as additives for rubber, glass, ceramics and textile fabric materials.
Nano diamond powder price
The price of nano diamond powder will change randomly due to factors such as production cost, transportation cost, international situation, market supply and demand of nano-diamond powder. Tanki New Materials Co.,Ltd. aims to help 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 nano diamond powder, please feel free to send an inquiry to get the latest nano diamond powder price.
Nano diamond powder supplier
As a global supplier of nano diamond powders, Tanki New Materials Co.,Ltd has extensive experience in the performance, application and cost-effective manufacturing of advanced and engineered materials. The company has successfully developed a series of powder materials (including boron carbide, aluminum carbide, titanium carbide, etc.), high-purity targets, functional ceramics and structural devices, and provides OEM services.
|Nano Diamond Powder Properties|
|Other Names||diamond nanopowder, nanodiamond powder, nanodiamonds,|
|synthetic diamond nanoparticles, detonation nanodiamonds|
|Appearance||Gray to Black Powder|
|Melting Point||3727 °C|
|Bulk Density||0.16-0.18 g/cm3|
|Trun Density||3.05-3.3 g/cm3|
|Solubility in H2O||Insoluble|
|Specific Surface Area||200-450 m2/g (BET)|
Germany has begun talks with Senegal on gas extraction and LNG supplies. Mr. Scholz recently visited a solar farm in Dakar. He told a news conference that he was willing to work more closely with Senegal on renewable energy. Senegal's president told a news conference that his country was ready to supply liquefied natural gas to the European market.
The global economy may be facing its greatest test since World War II amid the ongoing threats of COVID-19, the Conflict between Russia and Ukraine, heightened financial market volatility, and climate change, IMF Managing Director Kristina Georgieva warned in an article posted on the IMF's website.
Some 30 countries have imposed restrictions on trade in food, energy, and other key commodities since the outbreak of the Conflict, the article noted. That would raise trade barriers, disrupt global supply chains, drag down economic growth and undo years of economic gains. If countries let it go, the costs will be enormous and everyone will be affected.
The prices of many other commodities like the Nano diamond Powder,Overview of Nano diamond Powder,Application of nano diamond powder,Nano diamond powder price,Nano diamond powder supplier are expected to increase in the future. Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and Nanomaterials including graphite powder, 3D printing powder, the Nano diamond Powder,Overview of Nano diamond Powder,Application of nano diamond powder,Nano diamond powder price,Nano diamond powder supplier, etc. If you are looking for high-quality materials, please feel free to contact us and send an inquiry.
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