Gold is a high-quality hedge hedging tool, favored by investors. Especially in recent years, with the increasing instability of the world economy, gold has become one of the preferred asset allocations of investors because of its functions of hedging and fighting inflation.
Earlier, the worsening situation in Ukraine sent gold prices soaring to a two-year high of $2,070 an ounce. But gold, along with other commodities, fell back last week as conditions changed and bulls took profits, hitting a low of $1,895 an ounce. Rising gold prices may also have an impact on the Mo2C powder prices.
According to China Business News, Goldman Sachs raised its gold price forecast in early March, considering Asian buyers' gold consumption demand, investment demand and central bank gold purchase demand continue to rise. Three -, six - and 12-month targets were raised to $2,300, $2,500 and $2,500 an ounce, respectively, from $1,950, $2,050 and $2,150. The last time all three accelerated was in 2010-11 when gold prices rose nearly 70%.
The World Gold Council has also noted that global gold demand is at its highest level in nearly two years, which is linked to a recovery in consumption and consumer sentiment to combat inflation.
Introduction to Molybdenum Carbide Mo2C Powder
Molybdenum carbide or Mo2C, the molecular weight is 203.88, and the carbon content is 5.89%. It is gray powder, the melting point is 2692℃. Insoluble in water and alkali, slightly soluble in nitric acid, sulfuric acid, and hydrofluoric acid. It has properties of high hardness, good thermal stability, mechanical stability, wear resistance, and corrosion resistance. In addition, molybdenum carbide has a similar electronic structure and catalytic properties to noble metals. The main catalytic reaction types include hydro hydrolysis, isomerization, hydrodesulfurization, hydrodenitrification, ammonia synthesis, hydrocarbon conversion, and synthesis.
Properties of Molybdenum Carbide Mo2C
Molybdenum carbide belongs to transition metal carbides, which is a group of mesenchymal compounds with metallic properties formed by carbon entering the lattice of transition metal. As a kind of new functional material with high hardness, good stability, and corrosion resistance, metal carbide has been applied in various mechanical fields with high-temperature resistance, friction resistance, and chemical corrosion resistance. In recent years, the catalytic performance of these compounds has been gradually discovered. Transition metal carbides have become a hot topic in the field of new inorganic catalytic materials because of their unique electronic structure and excellent catalytic performance.
In terms of catalytic properties, molybdenum carbide is similar to platinum group precious metals in many aspects, especially its hydrogenation activity is similar to Pt, Pd, and other precious metals, so it is expected to be a substitute for precious metals. The results show that molybdenum carbide has good catalytic activity and selectivity for hydro refining, desulfurization, and denitrification of oil, and has the characteristics of ultra-high hardness, and excellent temperature stability, thermal stability, and good corrosion resistance to general metal carbides. In addition, molybdenum carbide has been found to have similar electronic structure and catalytic properties as noble metals, as well as good capacitance characteristics and charge-discharge behavior, which is a new catalytic material with great application prospects.
|Molybdenum Carbide Mo2C Powder Properties|
|Other Names||dimolybdenum carbide|
|Solubility in H2O||insoluble|
How are Carbides Formed?
Carbides are compounds consisting of carbon and less electronegative elements that are distinguished by chemical bonds (ionic, covalent). They are usually made of metals or metal oxides combined with carbon at high temperatures (1,500 °C or more).
Carbides are generally quite stable and exhibit high melting points. It can be used in critical industrial applications.
Carbides can be classified as salt-like carbides, interstitial carbides, and covalent carbides.
Applications of Molybdenum Carbide Mo2C Powder
1. For molybdenum alloy production. Molybdenum-zirconium-titanium alloy and molybdenum-titanium-zirconium-carbon alloy are widely used in electronic tubes, electric light source parts, metal processing tools, and turbine disks due to their high strength, good electrical conductivity, and low thermal expansion coefficient.
2. As steel additives. The role of molybdenum in stainless steel is to improve the corrosion resistance, strength, and weldability of the product.
3. As heating electrode in glass melting furnace. Molybdenum has good compatibility with most glass components and will not produce harmful substances due to small amounts of molybdenum dissolved in the glass bath.
Main Supplier of Molybdenum Carbide Mo2C 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 Molybdenum Carbide Mo2C Powder, please feel free to contact us and send an inquiry. ([email protected])
According to the bank of Spain's latest forecast data, the average inflation is expected to hit 7.6% in 2022, but the average wage increase for workers in this country is expected to be less than 4% in 2022.
If the Bank of Spain's forecast comes true, the gap between price and wage growth in Spain in a single year will be the largest since 1984.
Prices in Spain rose 9.8% year on year in March 2022 and average wages rose 2.4% year on year, with the Bank of Spain forecasting that the country's inflation rate will improve from July.
Recent changes in the international situation have had a big impact on commodity and energy prices. How the prices of the Mo2C powder will develop in the future is still uncertain.
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