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Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.
Brent crude futures were down $4.71, or 4.2 percent, at $108.58 a barrel by 0035 GMT. U.S. West Texas Intermediate futures fell $5.45, or 5 percent, to $102.74 a barrel.
At an earlier time, gasoline prices had already reached record levels because of the Russia-Ukraine conflict.
The prices of other commodities like the Ti4O7 are also expected to be volatile.
What is Ti4O7?
Ti4O7 is also known as Tilox Black, titanium black, titan black, magneli phase. Black powder. Magneli phase Titanium oxide is a kind of active electrode material with good blackness. Magneli phase Titanium oxide can protect the poles of the battery and can be used as bipolar battery material and LED black matrix material.
Magneli phase Titanium oxide is the first black titanium oxide in the world, which shows a variety of unique physical properties. Through the modification of titanium dioxide, Magneli phase Titanium oxide has smaller particle size and higher hiding power.
In terms of physical properties, Magneli phase titanium oxide has good electrical conductivity at room temperature. Ti4O7, in particular, has the best electrical conductivity, and its single crystal conductivity is 1500Scm-1. Its bulk density is 3.15g/cm3-3.18g/cm3.
In terms of chemical properties, Magneli phase titanium oxide material, compared with general industrial electrode materials, has high chemical stability and corrosion resistance. It has been documented that the static corrosion rate of titanium oxide in Magneli phase is only 0.019g/m2/day in H2SO4 at 50 °C and 42% concentration. On the other hand, Magneli phase titanium oxide has good electrochemical performance. The experimental results show that when the working current is controlled at 5-20mA/cm2 at room temperature, the material can be used as both positive and negative electrode for hydrogen evolution and oxygen evolution, and the overpotential of hydrogen evolution and oxygen evolution is very high, such as in 1m H2SO4 and at medium current density at room temperature, the oxygen evolution potential can be as high as 5 volts.
Ti4O7 is a kind of new energy functional material with strong activity.
The crystal structure of titanium suboxide is a mixture of sodium chloride cubic crystal and rutile square crystal.
Like iron black, Ti4O7 is also a non-toxic pigment.
Ti4O7 has excellent hiding power, dispersibility, heat resistance, acid resistance, alkali resistance and solvent resistance of titanium dioxide pigment.
Ti4O7 has high thermal stability and good dispersion in water and resin.
Titanium suboxide is a kind of pure inorganic functional material with blackness. Titanium suboxide material is environmentally friendly and non-toxic, meets food-grade safety standards, does not harm the skin, and meets the needs of the development of low-carbon economy.
Ti4O7 as photocatalyst can be widely used in electronic energy storage industry.
There are two types of Ti4O7, which are used as energy storage materials. Titanium suboxide is a kind of electrode material.
High insulating titanium black has also been successfully developed.
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
If you are looking for the latest Ti4O7 price, you can send us your inquiry for a quote. (email@example.com)
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The development of the Russia-Ukraine conflict will continue to dominate the commodity prices such as the Ti4O7 in the future. If the conflict eases or cools, Russia and Ukraine go back to negotiate, commodity prices would fall. However, if the situation between Russia and Ukraine deteriorates further, or evolves into a full-scale war, the price of the Ti4O7 is predicted to see further improvement over the coming days.