As the world deals with potential supply shortages, oil prices are soaring again, with more dramatic spikes and sudden drops expected.
For consumers, that means more expensive gas for longer - prices at the pump remain above $4 a gallon. For the economy, that means more inflation. In addition to the pressure on consumers, any business that relies on oil -- from airlines and truck drivers to chemical companies and plastics producers -- will face higher costs.
Mr Pickering estimates that 2m to 3m barrels a day of Russian oil shipped by water are frozen out of the market with no direct buyers. Due to the soaring oil price, the price of the Mo2C powder in the chemical industry will also be greatly affected. He said China and India are continuing to buy Russian crude. "I'm sure there will be others willing to take on more over time," he said. Mr Pickering said he did not expect oil to return to $130 a barrel, but added that it could happen. Francisco Branch, head of commodities and derivatives at Bank of America, said the US market was ready for cyclical price spikes and price swings in the Mo2C powder.
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])
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 Mo2C powder is erratic and thus its prices are expected to go higher in the future.
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