Following the progress in Russia-Ukraine peace talks, the gold price fell more than 1% the next day, hitting its lowest in a month, and palladium prices briefly tumbled by nearly 9%.

"We have seen metal prices going into free fall when the Russia-Ukraine situation is likely to see a major detente, which spurred people's risk preference and optimism that the war could end at a time," said OANDA senior market analyst.

A Russian deputy defense minister says Moscow has decided to sharply curtail its military activities around Kyiv and Chernikov in Ukraine, following talks between Russian and Ukrainian representatives in Istanbul.

Where the prices of metals, natural gas, and commodities like the Ti3AlC2 powder will go in the future, is still very uncertain.

What is a MAX phase material?

The MAX phase material is a natural layered carbonitride inorganic non-metallic material composed of three elements. It has the electrical and thermal conductivity of metal, and also has the high strength, high temperature resistance, corrosion resistance and other harsh environment service capabilities of structural ceramics. MAX phase materials have gained extensive attention in the fields of high-temperature lubrication, oxidation-resistant coatings, accident-tolerant nuclear materials, self-healing composite materials, and energy materials. MAX phase materials mainly include Ti3AlC2, Ti2AlC, Ti3SiC2, Ti2SnC, V2AlC, Cr2AlC, Ti2AlN, Nb2AlC, etc.

Transition metal carbides and nitrides, known as Mxenes. MXenes are formed by selectively etching an elemental MAX phase with metallic conductivity, connecting layered solids such as Ti2AlC, Ti3AlC2 and Ta4AlC3 through strong metallic, ionic and covalent bonds. The Mxenes combine with hydroxyl and oxygen on the surface of transition metal carbides to terminate the metal conductivity. It is electrically conductive in nature.

What are MAX phase materials used for?

Titanium carbide has the properties of metals and ceramics: it has the same electrical and thermal conductivity as metals, high elastic modulus and excellent high temperature mechanical properties similar to ceramics, and also has good thermal shock resistance and damage resistance. and excellent chemical resistance. MAX phase ceramics have both the excellent properties of metals and ceramics, and have great application potential in many high-tech fields such as aerospace, high-speed rail, and nuclear industry.

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China's non-manufacturing purchasing managers index for March was released by the China Federation of Logistics and Purchasing and the Service Industry Survey Center of the National Bureau of Statistics today. An index of business activity for the non-manufacturing sector as a whole fell below 50 percent. 

 China's non-manufacturing business activity index was 48.4%, down 3.2 percentage points from the previous month. The new orders index was 45.7 percent, down 1.9 percentage points from the previous month, indicating a significant slowdown in the growth of supply and demand in the non-manufacturing sector from the previous month.   In terms of sectors, the business activity index and new order index of transportation, accommodation and catering, culture, sports and entertainment, and tourism-related industries all declined significantly from the previous month. 

Then the Ti3AlC2 powder of the market may be affected by significant changes, the price will also be volatile, if you want to know the latest news of the Ti3AlC2 powder, welcome to contact us. 

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