Gold is a high-quality hedge hedging tool, favored by investors. Especially in recent years, with the increasing instability of the world economy, gold has become one of the preferred asset allocations of investors because of its functions of hedging and fighting inflation.
Earlier, the worsening situation in Ukraine sent gold prices soaring to a two-year high of $2,070 an ounce. But gold, along with other commodities, fell back last week as conditions changed and bulls took profits, hitting a low of $1,895 an ounce. Rising gold prices may also have an impact on the natural graphite prices.
According to China Business News, Goldman Sachs raised its gold price forecast in early March, considering Asian buyers' gold consumption demand, investment demand and central bank gold purchase demand continue to rise. Three -, six - and 12-month targets were raised to $2,300, $2,500 and $2,500 an ounce, respectively, from $1,950, $2,050 and $2,150. The last time all three accelerated was in 2010-11 when gold prices rose nearly 70%.
The World Gold Council has also noted that global gold demand is at its highest level in nearly two years, which is linked to a recovery in consumption and consumer sentiment to combat inflation.
Natural graphite is mainly used in refractory materials, batteries, steelmaking, expanded graphite, brake pads, casting surfaces, and lubricants.
The use of graphite as a refractory (heat-resistant) material began before 1900 for holding molten metal graphite crucible; This is a small fraction of what refractories are made today. In the mid-1980s, carbon-magnesium bricks became important, followed later by alumina-graphite shapes. As of 2017, the order of importance is alumina-graphite profiles, carbon-magnesite bricks, Monolithics (a mixture of spray-patching and pounding), and then crucible.
The crucible began to use very large sheets of graphite, whereas carbon-magnesia bricks did not require such large sheets of graphite; For these and other purposes, sheet sizes are now required with greater flexibility, and amorphous graphite is no longer limited to low-end refractories. Alumina-graphite profiles are used as continuous castings, such as nozzles and grooves, to transport molten steel from ladles to molds, and carbon-magnesium bricks are lined up in converter and electric-arc furnace to withstand extreme temperatures. Graphite blocks are also used as components in blast furnace linings where the high thermal conductivity of graphite is essential to ensure adequate cooling of the furnace bottom and chamber. High purity monolithic tiles are usually used as continuous furnace linings rather than carbon magnesia bricks.
The use of graphite in batteries has increased since the 1970s. Natural and synthetic graphite is used as an anode material for constructing electrodes in major battery technologies.
The demand for batteries, mainly nickel-metal hydride, and lithium-ion batteries, led to an increase in demand for graphite in the late 1980s and early 1990s - an increase driven by portable electronic devices, such as portable CD players and power tools. Laptops, phones, tablets, and smartphones have increased the need for batteries. Electric vehicle batteries are expected to increase graphite demand. The lithium-ion battery in the all-electric Nissan Leaf, for example, contains nearly 40 kilograms of graphite.
Radioactive graphite from old nuclear reactors is being studied as fuel. Nuclear diamond batteries have the potential to provide long-term energy for electronics and the Internet of things.
Natural graphite in steelmaking is mainly used to improve the carbon content in molten steel. It can also be used to lubricate molds used to extrude hot steel. Carbon additives face competitive prices from alternatives such as synthetic graphite powder, petroleum coke, and other forms of carbon. Carburizing agent is added to raise the carbon content of the steel to a specified level.
Natural amorphous and fine-scale graphite is used in brake linings or shoes for heavier (non-automotive) vehicles and has become important as a replacement for asbestos is needed. This use has been important for a long time, but non-asbestos organic (NAO) ingredients are beginning to reduce graphite's market share.
Casting coat and lubricant
The mold cleaning liquid for casting is a water-based amorphous or fine-scale graphite coating. Paint the inside of the mold with it and let it dry, leaving a fine coating of graphite that eases the separation of the casting as the hot metal cools. Graphite lubricants are special products used at very high or very low temperatures, used as lubricants for forging dies, anti-stuck agents, gear lubricants for mining machinery, and lubricating locks. There is a great need for low grain graphite and even better non-grain graphite (ultra-high purity). It can be used as a dry powder in water or oil, or as colloidal graphite (a permanent suspension in liquid).
Since the 16th century, all pencils have been made from graphite naturally found in Britain, but the most common modern lead is a mixture of powdered graphite and clay.
Natural graphite has found use in zinc-carbon batteries, motor brushes, and a variety of specialized applications. Graphite of different hardness or softness produces different qualities and tones when used as an artistic medium. Railroads often mix graphite powder with waste oil or flaxseed oil to form a heat-resistant coating for exposed parts of steam locomotive boilers, such as the lower part of a smoke box or firebox.
Expanded graphite is made by dipping natural flake graphite into a bath of chromic acid, followed by concentrated sulfuric acid, which forces the lattice planes apart and causes the graphite to expand. Expanded graphite can be used in the manufacture of graphite foil or directly used as the "hot top" compounds, to isolate in the molten metal ladle or hot ingot and reduce heat loss, or used as a fire door installed in or around the fire damper in the sheet metal plate plastic pipes around the lantern ring (in the fire, the graphite expansion and carbonized in the infiltration and spread of resistance to fire), or high-performance gasket materials used in the manufacture of high-temperature use. After making graphite foil, the foil is machined and assembled into bipolar fuel cells. Aluminum foil is made into radiators for laptops, keeping them cool while reducing weight, and is made into foil laminates that can be used as valve fillers or made into gaskets. Old-fashioned fillers are now a minor member of the group: fine scales of graphite in oil or grease, used for applications requiring heat resistance.
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New Delhi: India is seeking to increase its purchases of crude oil from Brazil, the country's oil minister said recently after meeting his Brazilian counterpart.
India is the world's third-largest importer and consumer of crude oil. Brazil currently supplies only a fraction of India's crude oil imports.
India's state-owned companies Bharat Petroleum Corp and Oil and Natural Gas Corp have invested in oil and gas exploration in Brazil.
India, which imports about 84% of its crude oil needs, is reducing its import bill by increasing biofuel use, among other things.
India's state-owned fuel retailers are increasing ethanol storage capacity by 51 percent and the country plans to double the biofuel blend in petrol to 20 percent by 2025.
India and Brazil are currently cooperating on biofuels and ethanol.
The prices of many commodities like the natural graphite are expected to increase in the future.
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