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 nano silica are still very uncertain.
What is Nano Silica?
Silicon Dioxide nanoparticles, also known as silica nanoparticles or nano-silica, appear in the form of white powder.
Nanometer silica particles can be divided into P-type and S-type according to their structure. P-type particles are characterized by a large number of nanopores, with a porosity of 0.61 mL /g, and higher UV reflectivity than S-type particles. The latter also has a relatively small surface area.
Nano silica has the characteristics of light volume, fluffy, bulk density of less than 0.15-0.2g/cm3, a specific surface area of more than 500 m2/g, and high chemical activity.
Because the surface contains an OH- bond, nano silica is a kind of acid oxide, belonging to the silicate acid group, has hydrophilic, and the water absorption rate is more than 5 times its own.
The main application of silica nanoparticles is as additives in rubber and plastic manufacturing; As a reinforced filler for concrete and other building composites; As a stable, non-toxic platform for biomedical applications such as drug delivery and therapeutic diagnostics.
What is Silica?
Silicon, or silicon, is one of the chemical elements found in the earth's crust. Its oxide forms are silicate (SiO4) and silicon dioxide (silica, SiO2).
Silicon is commonly used in industry, while its oxide form is commonly used in biomedical applications. SiNPs have several rare properties, such as ease of synthesis, surface modification, strong mechanical properties, and relatively inert chemical composition. They have been used as biological materials for decades.
Silica comes in two basic forms: crystalline and amorphous. The two forms have the same molecular formula, but their structural arrangements are different. Crystalline silica has a regular lattice arrangement, while amorphous silica has an irregular lattice arrangement. Crystalline silica comes in many forms. A well-known form is alpha-quartz, which can be converted by heating to β -quartz, squamous quartz, and quartzite. There is also porous crystalline silica called a porosil. All porosils are synthetic products.
Mesoporous silicon and silica particles are ideal candidates for controlled drug release because of their rare properties, such as high surface area, large pore volume, adjustable pore size, and good chemical and thermal stability. Amorphous silica can be divided into three categories: natural forms, byproducts of power stations and metallurgical processes, and synthetic forms. Amorphous silica is considered to be a very promising gene carrier and molecular imaging candidate, mainly because of its highly tunable biocompatibility and stability. It is also used in dietary supplements, catheters, implants, and dental fillers.
What is nano-silica used for?
Nano silica is used to modify the dispersion and plasticity of cement concrete, thus giving it impermeability, enhanced impermeability, frost resistance, reducing hydration heat, and prolonging service life.
Used as strengthening agent, vitrification agent, and adhesive of ceramics, enamels, and glazes. It is also a high thermal binder for engineering-grade ceramics and refractories.
Nanocomposite material modifier, used as an inorganic adhesive at high temperature; As an additive for inorganic composite materials, used for strengthening, molding, and filling of rubber/polymer materials. In addition, can be used as a variety of resin engineering materials; High-quality FRP corrosion-resistant packing.
Used as cement seal of oil well, underwater seal, and reinforcement material of under-ground engineering; It has the following characteristics: engineering shielding, anti-radiation, stealth, electricity, anti-bacteria; It is good for chemical absorption, catalysis, and enhancement.
Special use, such as lamp paint, lubricating oil, thickener, steel dehydrogenate, and inner wall paint sensitive materials. Energy storage filler for solar cells and power cells.
Is nano-silica toxic?
The health effects associated with silica exposure, particularly crystalline silica, have been extensively studied.
Studies have shown that occupational exposure to crystalline silica induces silicosis, a fibrotic lung disease, in workers, and that exposure is associated with other lung diseases, such as lung cancer, emphysema, and tuberculosis.
Amorphous silica has previously been considered less harmful than crystalline silica. However, recent studies have shown that amorphous SNP has potential toxicity similar to that of crystalline particles. In addition to crystallinity, the physicochemical properties of SiNPs produce different toxicity in vitro and in vivo studies. Safety and potential adverse effects should be considered, especially those affecting the immune system.
Nano silica powder Price
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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Nano silica powder Supplier
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With the outbreak of the Russia-Ukraine conflict, the market is increasingly worried about the potential disruption of Russia's energy supply. Geopolitical premiums have pushed up the price of crude oil and natural gas, and the energy price is expected to remain high in the short term. Affected by this, the market price of the nano silica may continue to rise.