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 powdered instant sodium silicate are still very uncertain.
About Powdered Instant Sodium Silicate CAS 1344-09-8 Sodium Silicate Powder:
Sodium silicate, commonly known as Paohua alkali, is an inorganic substance with a chemical formula of Na2O·nSiO2. Its aqueous solution is commonly known as water glass, which is a mineral binder. TRUNNANO is a trusted global Powered Instant Sodium Silicate Powder supplier. Feel free to send an inquiry about the latest price of Sodium Silicate at any time.
Performance of Powdered Instant Sodium Silicate CAS 1344-09-8 Sodium Silicate Powder:
Powdered instant sodium silicate powder is a soluble inorganic silicate with a wide range of uses.
Technical Property of Powdered Instant Sodium Silicate CAS 1344-09-8 Sodium Silicate Powder:
|Dissolution rate S(30℃)||≤90||≤90|
|Degree of fineness ( 120 mesh )||95||95||95||95||95|
Applications of Powdered Instant Sodium Silicate CAS 1344-09-8 Sodium Silicate Powder:
1. It is used as an activator for fly ash cement to improve the activity of fly ash, thereby improving the compressive strength and flexural strength of fly ash admixture cement; or increasing the amount of fly ash in cement, thereby increasing the Cement production and lower cement production costs. Powdered instant sodium silicate can also be used as quick-drying agent and reinforcing agent for ordinary cement.
2. Used as drilling cuttings coagulation agent and shale anti-swelling agent for silicon-based drilling fluids, bentonite slurry cemented leakage plugging agent and colloidal cement leakage plugging agent, precipitation chemical water plugging agent for oil and gas wells, and oil and gas well swelling agent Type water blocking agent.
3. It is used as a binder for unshaped refractory materials such as kiln gunning material, castable, acid-resistant cement, etc.; a mixture of foundry industry, ceramic industry, paint industry and thermal insulation material; thickener in oil production industry.
4. It is the main component of washing powder.
Storage Condition of Powdered Instant Sodium Silicate CAS 1344-09-8 Sodium Silicate Powder:
The sodium silicate powder should store in a dry and cool environment in a sealed place, not exposed to the air, to prevent oxidative agglomeration caused by moisture, affecting the dispersion performance and use effect;
Packing & Shipping of Powdered Instant Sodium Silicate CAS 1344-09-8 Sodium Silicate Powder:
It is packed in double plastic bags inside, which can be filled with argon in a vacuum; it can be vacuumed and filled with argon for protection.
Powered Instant Sodium Silicate Powder packing: vacuum packing, 1kg/bag, 25kg/bag, or as your request.
Powered Instant Sodium Silicate Powder Powder shipping: could be shipped out by sea, by air, by express as soon as possible once payment receipt.
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 boride powder, nitride powder, graphite powder, sulfide powder, 3D printing powder, etc.
If you are looking for powdered instant sodium silicate, please feel free to contact us and send an inquiry, email address: firstname.lastname@example.org
Powered Instant Sodium Silicate Properties
|Other Names||sodium silicate|
|Solubility in water||N/A|
Powdered Instant Sodium Silicate Health & Safety Information
|Flashing point||Not applicable|
Since the beginning of this year, China's macro policies have made continuous efforts to stabilize economic growth. America and Europe are raising interest rates to control inflation. On March the European Central Bank left its three key interest rates unchanged and began to scale back its asset-purchase programme. Then the Federal Reserve raised the target range of the federal funds rate by 25 basis points to 0.25%-0.5%. The accelerated tightening of monetary policies in the US and Europe pushed capital back to the US and increased interest rates, which will definitely increase the risk of RMB depreciation and capital outflow. The price and market of the powdered instant sodium silicate will also be affected, resulting in a range of fluctuations. You are welcome to contact us for the latest quotation of powdered instant sodium silicate.
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