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 MnO2 powder are still very uncertain.
What is Manganese Dioxide MnO2?
Manganese dioxide is an inorganic compound with the molecular formula MnO2. This black or brown solid is the natural mineral pyrolusite, the main ore of manganese and a constituent of manganese nodules.
The main use of MnO2 is in dry batteries such as alkaline batteries and zinc-carbon batteries. Manganese dioxide is also used as a pigment and a precursor of other manganese compounds, such as potassium permanganate. It is used as a reagent in organic synthesis, for example, for the oxidation of allyl alcohol.
What is Manganese Dioxide MnO2 Used For?
Used as a dry cell depolarizer.
Used as catalysts and oxidants for the synthetic industry.
Used as colorants, bleaching agents, and iron removal agents for the glass industry and enamel industry.
Used for manufacturing manganese metal, special alloy, ferromanganese castings, gas masks, and electronic materials such as ferrite.
Used in the rubber industry to increase the viscosity of rubber.
Organic synthetic use:
Manganese dioxide is very useful in organic chemistry. Manganese dioxide is used as an oxide in different forms, because manganese dioxide has multiple crystalline forms, the chemical formula can be written as MnO2·x(H2O) N, where x is between 0 and 0.5, and n can be greater than 0. Manganese dioxide can be formed from the reactions of potassium permanganate (KMnO4) and Manganese sulphate (MnSO4) at different pH values.
One chemical reaction specific to manganese dioxide is the conversion of alcohols to aldehydes. Even if the alcohol has a double bond, it will not be oxidized by manganese dioxide: cis-RCH=CHCH2OH + MnO2 → cis-RCH=CHCHO + H2O + MnO
No matter how active the product is, it doesn't get oxidized again. Diols can be oxidized to dialdehyde by manganese dioxide. Other reactions of manganese dioxide are very many, and can be used in the oxidation of amines, aromatic substances and triols.
Used as a catalyst for the decomposition of hydrogen peroxide to produce oxygen; Used as a catalyst for the decomposition of potassium chlorate to produce oxygen; Manganese was prepared by aluminothermic reaction with elemental aluminum powder. Used as pigment, yellow glass, etc. Reaction with hot concentrated hydrochloric acid to produce chlorine gas; Reaction with molten potash (potassium hydroxide) in the air to prepare potassium manganate; In the decomposition reaction of potassium permanganate, manganese dioxide acts as self-catalyst of potassium permanganate.
Is MnO2 Explosive?
It reacts violently with combustible and reductive substances. This creates fire and explosion hazards.
Is Manganese Dioxide Harmful?
Strong oxidant. Contact with other materials may cause a fire. Harmful by inhalation or swallowing. May cause eye, skin, and respiratory irritation. May cause central nervous system effects. Inhalation of smoke may cause metal smoke fever. According to animal studies, it may cause adverse reproductive effects.
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
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In 2021, Russia's palladium, nickel and aluminum exports will account for 24.6%, 21.9% and 9.9% of the global total, respectively. Russia exported 2.819 million tons of palladium, accounting for 43.37% of global MnO2 powder with low price fluctuation range and excellent quality, click here will be a good choice.
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