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 spherical aluminum oxide still face uncertainty.
Introduction to Spherical Aluminum Oxide Powder
Aluminum oxide or bauxite with the chemical formula Al2O3 is a refractory and insoluble white powder. The melting point is 2015℃, the boiling point is 2980℃, the relative density is 4.0, and the Mohs hardness is 8.8. It has different crystal types, mainly α and γ variants. Aluminum oxide can be obtained by heating and dehydration of aluminum hydroxide. Nature exists α aluminum oxide, known as corundum, hardness is second only to diamond, mixed with a small number of impurities can make corundum with a variety of color, known as gems, such as ruby (containing a small amount of Cr3+) and sapphire (containing Ti3+ and Fe2+, Fe3+), now available molten aluminum oxide artificial crystallization method manufacturing gems. Artificial gems are not inferior to natural gems in terms of their properties and are widely used in industrial technology. For example, bearings are used as fast-moving parts of the machine, diamonds on clocks and watches, abrasives, and refractories, such as corundum crucible, they can withstand high temperatures of 1800℃. Aluminum oxide is one of the main components of the earth's crust. Pure aluminum oxide is the main raw material for smelting aluminum. Aluminum is easy to be oxidized by air to produce aluminum oxide, aluminum products placed in the air, the surface of the formation of a thin layer of dense aluminum oxide protective film, protect the aluminum inside from oxidation, so aluminum products can be used as cooking utensils and other living utensils. Aluminum oxide is an amphoteric oxide, soluble in both acid and base. Therefore, aluminum products are not resistant to acid and alkali. The outer oxide film will be destroyed when it contacts acid or alkali. Activated aluminum oxide is a porous solid, which can adsorb a variety of substances, so it is commonly used as desiccants, adsorbents, and catalysts.
Physicochemical Properties of Spherical Aluminum Oxide Powder
The particle size of aluminum oxide powder is uniformly distributed, it has high purity and excellent dispersion. Its specific surface area is high, it has high-temperature resistance inertia, and high activity, and it belongs to activated aluminum oxide. It is Porous. It has high hardness, good dimensional stability, strong surface acidity, and certain surface alkalinity. It is widely used as catalysts and catalyst carriers and other new green chemical materials. It can be widely used to strengthen and toughen all kinds of plastics, rubber, ceramics, refractories, and other products, especially to improve the compactness, finish, cold and hot fatigue, fracture toughness, creep resistance, and wear resistance of polymer material products, especially remarkable. Excellent dispersion, insolvent water; Solvent ethanol, propyl alcohol, propylene glycol, isopropyl alcohol, ethylene glycol monobutyl ether, acetone, butanone, benzene, xylene, do not need to add dispersant, it can be fully dispersed evenly by stirring.
When the particle size of aluminum oxide powder is changed to the nanometer level, it can not only maintain the excellent characteristics of ordinary aluminum oxide powder but also show the optical, electrical, magnetic, thermal, and mechanical properties that the conventional materials do not have. As a new functional material, nano aluminum oxide is widely used in many fields such as optics, chemical industry, and special ceramics.
|Spherical Aluminum Oxide Powder Properties|
|Other Names||aluminum oxide, aluminum (III) oxide, aluminum trioxide, Al2O3 powder|
|Boiling Point||2977 °C|
|Solubility in H2O||N/A|
Applications of Spherical Aluminum Oxide Powder
1. Aluminum oxide is mainly used to make metal aluminum. In addition, it is also used to make plastic and other polymer products as filler, adsorbent and catalyst, medicine, cosmetics, and chemical products of raw materials, ceramics, abrasives and refractories, and so on.
2. Aluminum oxide is the main raw material of the electrolytic method of metal aluminum, the more pure aluminum smelting, the purer. It is very important to purify aluminum oxide before electrolysis because it is more difficult to purify aluminum than aluminum oxide. Aluminum oxide is one of the main components of the earth's crust, aluminum mainly includes bauxite Al2O3·2H2O, alingite (AlO)2SO4·9H2O, aluminum clay H2Al(SiO4)·H2O and so on. Natural bauxite is the best raw material for aluminum oxide production, the general content can reach 40% ~ 60%, the rest is mainly silicon dioxide, iron oxide, and scattered elements, and other impurities. Using their chemical properties on the common and personality can be separated from aluminum oxide and other impurities, purification methods are mainly acid method and alkali method. Activated aluminum oxide γ aluminum oxide, is a porous material, each gram of internal surface area can be as high as hundreds of square meters, has a very high activity, can adsorb water vapor and many gases, liquid molecules, often used as an adsorbent, catalyst carrier, and desiccant.
3. Artificial aluminum oxide fiber is aluminum oxide as the main component, containing about 5% silicon dioxide (to stabilize the crystal phase of aluminum oxide), commonly used in the iron and steel industry in all kinds of heat treatment furnace and petrochemical cracking furnace insulation lining, nuclear reactors and space shuttle insulation materials and light alloy reinforcement materials. Aluminum oxide fiber is polycrystalline aluminum oxide fiber. It is made by the colloid method or impregnation method of organic fiber (precursor method of organic fiber), and its structure is in microcrystalline form, which eliminates the shortcoming of recrystallization of fiber made by the melt-blown method. This fiber has great strength at room temperature and high temperature, high-temperature resistance, small bulk density, good chemical stability, strong insulation, dielectric, and sound absorption performance.
Main Supplier of Spherical Aluminum Oxide Powder
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 silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
If you are looking for high-quality spherical aluminum oxide powder, please feel free to contact us and send an inquiry. ([email protected])
China's non-manufacturing purchasing managers index for March was released by the China Federation of Logistics and Purchasing and the Service Industry Survey Center of the National Bureau of Statistics today. An index of business activity for the non-manufacturing sector as a whole fell below 50 percent.
China's non-manufacturing business activity index was 48.4%, down 3.2 percentage points from the previous month. The new orders index was 45.7 percent, down 1.9 percentage points from the previous month, indicating a significant slowdown in the growth of supply and demand in the non-manufacturing sector from the previous month. In terms of sectors, the business activity index and new order index of transportation, accommodation and catering, culture, sports and entertainment, and tourism-related industries all declined significantly from the previous month.
Then the spherical aluminum oxide of the market may be affected by significant changes, the price will also be volatile, if you want to know the latest news of the spherical aluminum oxide, welcome to contact us.
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