Recently, on Sinopec's annual results teleconference, the company representative answered questions about the oil prices, and said that the future trend of oil prices is still very uncertain, and it is expected to be around $100 this year and $85 next year respectively.
Sinopec, "There are many factors affecting oil prices at the moment, including geopolitics, macroeconomic trends, the implementation of the policy of OPEC+, the strength of the US DOLLAR and so on. We see a lot of uncertainty in the future oil prices. It is impossible to predict the accurate price, but a general trend could be estimated."
According to Sinopec, international institutions generally have a forecast of around $100 this year and around $85 next year in the oil prices. As geopolitical problems and other issues ease next year, oil prices will be lower than this year.
The volatile oil prices in the international market will continue to affect lots of industries and the supply of many Ti3AlC2 powder.
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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Inflationary pressures on Canadians continue to rise. The consumer-price index rose 6.7% in March from a year earlier, the biggest increase since January 1991, according to the latest figures from Statistics Canada.
On a month-on-month basis, Canada's CPI rose 1.4 percent in March, also accelerating from February's 1.0 percent rise.
Prices in the eight major sectors covered by the statistics continued to rise. The uptrend comes against the backdrop of continued price pressures in the Canadian housing market, widespread supply chain constraints, and geopolitical conflicts, according to CBC. A variety of factors have affected energy, commodity, and agricultural markets. Meanwhile, Canada's employment picture continued to improve in March, with the unemployment rate falling to a record low and the average hourly earnings of employees rising.
Excluding gasoline, Canada's CPI rose 5.5 percent year on year in March. It is also the highest since comparable data began in 1999.
The widespread supply chain constraints and geopolitical conflicts are expected to continue to affect the prices of the Ti3AlC2 powder.
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