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. As of press time, gold was trading at $1,918 an ounce, down 7.9% from its March 8 peak. Rising gold prices may also have an impact on the Spherical Cobalt Powder 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.
About Spherical Cobalt Powder:
Product name: Spherical Cobalt Powder
Product specifications: 5-25μm, 15-45μm, 15-53μm, 45-75μm, 45-105μm, 75-150μm. (Various granularities can be customized according to customer requirements)
Powder characteristics: high purity (≥99.9%), ultra-low oxygen (≤600ppm), high sphericity (≥98%), uniform particle size distribution, excellent flow properties (≤8.0s/50g) and high bulk density (≥6.5g/cm3) and tap density (≥8.0g/cm3).
Applicable processes: laser/electron beam additive manufacturing (SLM/EBM), laser direct deposition (DLD), powder hot isostatic pressing (HIP), metal injection molding (MIM), powder metallurgy (PM), laser cladding ( LC) and other processes.
Powder application: Spherical nickel-coated tungsten composite powder uses spheroidized tungsten powder as raw material and is prepared by a chemical coating process. It has high sphericity, good fluidity, high purity, large loose packing density, metal nickel content, and coating thickness. It can be used in the fields of national defense and military industry, petrochemical industry, mechanical equipment, medical equipment, etc.
Specifications and properties of Spherical Cobalt Powder:
Silver gray powder of flakes
Assay Percent Range
99.8% (Metals basis)
Silver to Gray
Chemical Name or Material
Storage Condition of Spherical Cobalt Powder:
Damp reunion will affect Spherical Cobalt powder dispersion performance and using effects, therefore,Spherical Cobalt Powder should be sealed in vacuum packing and stored in cool and dry room, the Spherical Cobalt Powder can not be exposure to air. In addition, the Spherical Cobalt powder should be avoided under stress.
Packing & Shipping of Spherical Cobalt Powder:
We have many different kinds of packing which depends on the Spherical Cobalt Powder quantity.
Spherical Cobalt Powder packing:vacuum packing, 100g, 500g or 1kg/bag, 25kg/barrel, or as your request.
Spherical Cobalt Powder shipping:could be shipped out by sea , by air, by express as soon as possible once payment receipt.
Shipping and payment:
Cobalt Powder is Spherical, chemical formula Co, submicron and nanopowder forms may be considered for industrial and application purpose. The appearance of Spherical Cobalt Powder is gray black. It mainly applied in the 3D printing.
Prior to the impact of COVID-19 on the chemicals and materials industry and the price of the Spherical Cobalt Powder, many industry observers expected low to flat growth in 2021 in all regions outside Asia, with many countries seeing slower growth compared to recent years. Operational excellence has long been a hallmark of the Spherical Cobalt Powder chemical industry, and many companies are financially able to withstand short-term dips in end-market demand due to rapid leverage from reduced capex on hand.
The analysis shows that, whatever the final course of the pandemic, we can expect the inevitable long-term effects. Workplaces are expected to slowly return to pre-COVID-19 practices. Companies investing in enterprise-wide digital initiatives saw these "payoffs" in the early pandemic environment. For more information about Spherical Cobalt Powder, please feel free to contact us.
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