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 quartz powder still face uncertainty.
Quartz powder, also known as silica powder, is a hard, wear-resistant, stable chemical properties of silicate minerals, its main mineral composition is SiO2. The color of quartz powder is milky white, or colorless translucent. The hardness is 7. The density is 2.65. Slightly soluble in KOH solution. The melting point is 1650℃.
The product with the general fineness in 120 mesh below is called quartz sand, and that more than 120 mesh is known as quartz powder. Quartz powder can be divided into nanometer silicon dioxide and spherical silica powder because of its fineness and morphology.
Quartz powder is widely used in the industry, including the glass industry, machinery industry, artificial quartz stone plate, ceramics and metallurgy, construction, chemical industry and other industries used in the number of products in dozens to hundreds of mesh, purity requirements are different; In plastics, coatings, adhesives and other industries as fillers, fineness requirements in hundreds of mesh to thousands of mesh, high purity requirements; Used in the integrated circuit industry, product mesh and purity requirements.
Quartz powder can be used as filler to add plastic, rubber, coating, etc., to improve performance, improve process characteristics, reduce costs, etc.
The hardness of paint film can be improved by adding high purity quartz powder into the coating. High purity spherical quartz powder has special optical properties that conventional silicon dioxide does not have. It has strong UV absorption and red-light reflection characteristics. The spectrophotometer test shows that the absorption rate of ultraviolet light within the wavelength of 400mm is as high as 70%. It can be added to the coating to form a shielding effect, to achieve the purpose of UV aging and thermal aging, while increasing the heat insulation of the coating. The high purity quartz powder was added to the coating, which obviously weakened the radiation degree of UV light to the coating, and thus reduced the curing speed of the coating.
Quartz sand can be used to remove rust because of its high hardness.
The quartz sand is installed in the sand-blasting machine, through higher air pressure or water pressure, spewed quartz sand to the metal surface of the rust, through the quartz sand and rust surface of high-speed friction contact to achieve the effect of rust removal. Some manufacturers choose to use river sand instead of quartz sand because of its low cost. But the hardness of river sand is much lower than quartz sand, the content of silica in the two is different, quartz sand silicon content of nearly 99.9%, and the soil content of river sand is more, in the sandblasting process, river sand will be quickly broken or stand on the metal surface, cannot achieve the effect of real friction derusting, and the quartz sand for derusting. High hardness, uniform, and angular particles can be fully stable contact with the rusty surface, to achieve the effect of rust removal.
Quartz powder also has a filtering effect. Quartz powder is mainly used for water treatment to remove turbidity, soften water, and reverse osmosis pretreatment, can also be used for surface water and groundwater. It can effectively remove suspended matter, organic matter, colloid, and sediment in water.
Spherical 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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Spherical Silica Powder Supplier
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 silica powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
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Commodities such as crude oil, wheat, cotton, and nickel have rallied since Russia's "special military operations" began in late February. On the last trading day of this quarter, commodities were on track for their biggest gain since 1990. For this reason, it is expected that the price of the spherical quartz powder will continue to increase.
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