Since 2022, Russia-Ukraine geopolitical conflicts have intensified, and global energy prices have risen sharply, with international natural gas prices hitting historic highs. As the most important transitional energy source in the transition from fossil energy to non-fossil energy, the share of natural gas in primary energy has increased from 14.6% in 1965 to 24.7% in 2020. The global gas price indices showed a unilateral downward trend from 2018, bottomed out in 2020, and remained low for a long time. However, since July 2020, the global gas prices have gradually fluctuated upward, and the impact of geopolitical events made the Dutch TTF gas price even hit record highs repeatedly.
An analyst of a securities company believes that the core catalyst of this round of global gas market lies in the lack of investment in upstream oil and gas resources caused by long-term low prices. Since 2020, although the epidemic has led to a decline in demand, the decline in supply has been faster, resulting in a large inventory consumption. In 2021, demand will recover faster than supply (the supply-side is less sensitive to prices, which will be reflected in investment).
As the world's two largest gas Spherical Molybdenum Powder are also expected to change significantly.
What is spherical molybdenum powder?
Spherical molybdenum powder is a transition metal molybdenum in powder state, and the impurity elements include Pb, Bi, Sn, Sb, Cd, Fe, Al, Si, Mq, etc. Appearance is gray-black metal powder, non-toxic, environmentally friendly, non-radioactive, high purity, strong chemical inertness, low hardness, small oil absorption, good thermochemical stability, dispersibility, wear resistance properties and acid and alkali resistance.
Preparation and use of spherical molybdenum powder
Molybdenum powder is usually prepared from ammonium paramolybdate or calcined MoO3 by hydrogen reduction. It is the raw material for preparing molybdenum deep-processed products by powder metallurgy.
Storage and transportation The product should be protected from moisture during transportation, and should not be violently collided. Store in a dry, ventilated and acid-free atmosphere to prevent oxidation. Shelf life does not exceed 6 months
The process of producing molybdenum powder from molybdenum oxides and molybdenum halides or metallic molybdenum as raw materials is an integral part of the molybdenum metallurgical process. There are mainly molybdenum dioxide hydrogen reduction, molybdenum halide hydrogen reduction, atomization method, plasma method. The molybdenum powder produced is mainly used as alloy additives, molybdenum products and raw materials for sputtering.
Due to the above-mentioned special properties, the application of molybdenum powder has developed rapidly, and it has been widely used in industrial and agricultural fields, such as rubber, plastics, paper, coatings, paints, inks, cables, pharmaceuticals, fertilizers, feed, food, sugar, textiles , glass, ceramics, sanitary products, sealants, adhesives, pesticides and pesticide carriers, as well as flue desulfurization, water treatment and other environmental protection aspects. The application of lightweight molybdenum powder overlaps and is different from that of molybdenum powder. It is mainly used in papermaking, plastics, artificial rubber, food, food coloring, medicine, adhesives and hygiene products. In recent years, the use of lightweight molybdenum powder has increased due to the information that light molybdenum powder can enhance the properties of certain materials.
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The coronavirus (COVID-19) pandemic not only had a significant impact on public health, it also severely affected one of the linchpins of the global economy – the tourism industry. As many countries introduced curfews and travel restrictions to contain the spread of the virus, travel across the world significantly declined from early 2020 onwards. The financial repercussions of the coronavirus have already begun to manifest themselves within the tourism industry. In 2020, global revenue from the travel and tourism industry was estimated to drop from a forecasted 711.94 billion U.S. dollars to 568.6 billion U.S. dollars, representing a decrease of over 20 percent. The region predicted to see the highest decline in revenue was Europe, decreasing from 211.97 billion U.S. dollars in 2019 to roughly 124 billion U.S. dollars in 2020.
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