Iron oxide Fe3O4 is a commonly used magnetic material

Analysts at JPMorgan recommended selling or "underweight" emerging market local currency sovereign debt because of the global impact of the Ukraine-Russia crisis.

JPMorgan estimated that fixed-income assets in emerging markets have lost 6-9 percent of their value since Russia invaded Ukraine a month ago, with nervousness about the war and its impact on global energy and food prices adding to existing pressures.

Some leading emerging market central banks are signaling that interest rates now need to rise faster than previously expected, which fuels fears of "stagflation". Stagflation means when high inflation and higher interest rates undermine economic growth.  

With both the U.S. Federal Reserve and emerging market central banks raising interest rates, JPMorgan also said it made sense to "underweight" emerging market assets by taking advantage of the recent pullback in local currency bond yields relative to TREASURIES.  

JPMorgan said major metals exporters such as South Africa, Chile, and Peru could still do well, but warned that emerging market fixed income assets now faced a more "stagflationary" trajectory.

The markets and prices of many commodities, metals, chemicals like the Iron Oxide Fe3O4 still face uncertainty.

Iron oxide Fe3O4 overview

Iron oxide Fe3O4  is an inorganic substance with the chemical formula Fe3O4. It is a magnetic black crystal, so it is also called magnetic iron oxide. It cannot be regarded as "ferrous metaferrite" [Fe(FeO2)2], nor can it be regarded as a mixture of ferrous oxide (FeO) and iron oxide (Fe2O3), but it can be approximately regarded as ferrous oxide. A compound composed of iron and iron oxide (FeO·Fe2O3). This substance is insoluble in water, alkaline solution and organic solvents such as ethanol and ether. Natural ferric oxide is insoluble in acid solution, and is easily oxidized to iron oxide (Fe2O3) in the air in a humid state. Usually used as a pigment and polishing agent, it can also be used in the manufacture of audio tapes and telecommunications equipment.

Application of iron oxide Fe3O4

Iron oxide Fe3O4 is a commonly used magnetic material.

Specially made pure ferric oxide is used as raw material for recording tapes and telecommunication equipment.

Natural magnetite is the raw material for iron making.

Used for primers and topcoats.

Ferric oxide is the main raw material for the production of iron catalyst (a catalyst).

It is very hard and can be used as abrasive. It has been widely used in the field of automobile braking, such as: brake pads, brake shoes, etc.

Ferric oxide has been recognized in the field of domestic welding materials, and the production of welding electrodes and wires is still in its infancy, and the market prospect is very broad.

Due to its large specific gravity and strong magnetic properties, ferric oxide has shown good performance in sewage treatment.

Ferric oxide can also be used as pigment and polishing agent.

We can also use certain chemical reactions, such as the use of sodium nitrite, etc., to form a dense layer of iron tetroxide on the surface of steel to prevent or slow down the corrosion of steel, such as the bluing of firearms, saw blades, etc. blackened. Commonly known as "baked blue".

Making special electrodes

In the contemporary electrified and information society, magnetic materials are widely used. As a multifunctional magnetic material, ferroferric oxide magnetic material has been widely used in tumor treatment, microwave absorption material, catalyst carrier, cell separation, magnetic recording material, magnetic fluid, medicine and other fields. There are development prospects.

Iron oxide Fe3O4 price

The price of iron oxide Fe3O4 powder will change randomly with the production cost, transportation cost, international situation and the market supply and demand of iron oxide Fe3O4 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 iron oxide Fe3O4 powder, please feel free to send an inquiry to get the latest price of iron oxide Fe3O4 powder

Iron oxide Fe3O4 supplier

As a global supplier of iron oxide Fe3O4, Tanki New Materials 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 target materials, functional ceramics and structural devices, and provides OEM services.

Recently, the first press conference of the Boao Forum For Asia Annual Conference 2022 was held. Two flagship reports were released at the conference: "Asia's Economic Prospects and Integration Process 2022" and "Sustainable Asia and the World 2022-Green Transformation in Action in Asia".

The flagship report points out that the global economy will recover in 2021, and the pace of economic integration in the Asia-Pacific has not stopped even in the face of the impact of COVID-19. The Asia-Pacific region has provided new impetus for the world's economic recovery and institutional building.  

The report gives an outlook on the Asian economy, noting that a number of factors will affect Asian economic growth. For example, mutated strains such as Delta and Omicron have become more transmissible, and many economies are experiencing epidemic peaks again. The Ukraine crisis has triggered geopolitical changes in Asia and Europe, leading to higher commodity prices, which may affect the global energy supply and energy transformation.

The report pointed out that the Asian economy will still be in the process of recovery in 2022, but the growth rate may moderate. According to the report, Asia's economic growth in 2022 is likely to be lower than the current IMF forecast, which is projected at 4.8%.

Affected by several factors, the supply of the Iron Oxide Fe3O4 is erratic and thus its prices are expected to go higher in the future.

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