What is Zinc Sulphide Used for?
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Commodity prices are on track for their biggest rally in more than a century, while fixed-income assets have seen their longest run of outflows as the war in Ukraine adds to inflationary pressures in the global economy emerging from the coronavirus lockdown, according to Bank of America.
"Commodity prices this year are on track to record their biggest gains since 1915." the bank said in its weekly briefing. They cite many factors, such as pandemics, lockdown, civil strife, wars, excessive monetary and fiscal stimulus, and supply chain disruptions, that have led to "historically" high inflation.
By the same token, it said government bonds were heading for their worst year since 1949, and "negative-yielding bonds will quietly disappear" from the market as central banks embark on a monetary tightening cycle and raise interest rates to tame soaring inflation.
The prices of many commodities like the zinc sulphide are expected to increase in the future.
What is zinc sulfide?
Zinc sulfide is an inorganic compound with the chemical formula ZnS, which is
a white or slightly yellow powder, which becomes darker when exposed to light.
It is stable in dry air, and gradually oxidizes to zinc sulfate when placed in
humid air for a long time or when it contains moisture. White or slightly yellow
powder. It turns into crystals when burned in H2S gas. The α variant is a
colorless hexagonal crystal with a density of 3.98g/cm3 and a melting point of
1700°C; Exist in sphalerite. Insoluble in water, soluble in acid. See the sun
Zinc sulfide (ZnS) is a naturally occurring salt and a major source of zinc.
It exists in two common crystalline forms (polymorphs): sphalerite
("sphalerite"), which has a cubic crystal structure and is the predominant form
It will be converted into zinc sulfate when placed in humid air for a long
time. It is generally derived from the action of hydrogen sulfide and zinc salt
solution. If a small amount of Cu, Mn and Ag are added to the crystal ZnS as
activators, they can emit different colors of fluorescence after being
illuminated. For analytical reagents, coatings, paints, white and opaque glass,
filling rubber, plastics, and for the preparation of phosphors.
What is zinc sulphide used for?
The most common use of zinc sulfide is as a pigment in paints, plastics and
rubber. It can also be used as an analytical reagent, a matrix of phosphors, a
photoconductor material; it can also be used in the manufacture of dyes,
coatings, pigments, glass, and curing oil.
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Gas prices in European countries are expected to triple if Russian supplies are restricted, according to a press release from Rystad Energy, a Norwegian Energy consultancy.
The price of natural gas in Europe was $1,200 per 1,000 cubic meters on Tuesday. The benchmark price is already 300 percent higher than a year ago. European gas prices are expected to continue to soar to $3,500 per 1,000 cubic meters if Russian supplies are restricted, according to Analysis by Monitor.
In 2021, Russia delivered 155 billion cubic meters of gas to Europe, accounting for 31 percent of its gas supply, according to an analysis by Monitor Advisors. It would be difficult for Europe to replace Russian gas, which would also destabilize the global LNG market and have a profound impact on Europe's population and economy.
The analysis also said that if Russia stopped supplies now, Europe's current gas reserves would be exhausted by the end of the year, setting in for a cold winter.
In addition, affected by the geopolitical factors, the supply of the zinc sulphide is erratic and thus its prices are expected to go higher in the future.