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 Synthetic 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.
Synthetic graphite plays a significant role in a few highly specialized industries. Here’s a look at what it is and why investors should know about it.
Synthetic graphite is a unique material often used in metal manufacturing and energy devices such as batteries and solar panels.
Synthetic graphite comprises high-purity carbon and is known for its ability to withstand high temperatures and corrosion. Those characteristics make it an excellent option for highly specialized industries that need predictable results from their carbon materials.
Understanding the difference between synthetic and natural graphite is essential for investors, as industries typically need a specific type of graphite for their applications. Here’s a look at the synthetic graphite market and what it offers.
What is synthetic graphite used for?
Synthetic graphite is used in many applications, including but not limited to friction, foundry, electrical carbons, fuel cell bipolar plates, coatings, electrolytic processes, corrosion products, conductive fillers, rubber and plastic compounds, and drilling applications.
Is synthetic graphite terrible for the environment?
Graphite operations can also lead to pollution because chemicals leak into local waters. According to industry sources, the purifying process, especially in China, is commonly done with acids, often hydrofluoric acid, a highly toxic substance.
Why is synthetic graphite expensive?
Synthetic graphite can be significantly more expensive to produce than natural graphite, as the process is relatively energy-intensive. The cost can be double or triple the standard price for natural graphite.
The outlook for the overall graphite market is positive and is tied to the battery industry and energy storage applications. Benchmark Mineral Intelligence expects to see double-digit growth in the battery sector from 2022 onwards in graphite demand.
Andrew Miller, product director at Benchmark Mineral Intelligence, has said the firm attributes the growth to “stimulus packages boosting the long-term battery market trajectory, and ongoing commitments from original equipment manufacturers.”
Graphite demand from the lithium-ion battery sector is expected to rise substantially from nearly 200,000 tonnes per year in a 700,000 to 800,000-tonne market to nearly 3 million tonnes a year in a 4 million tonne market by 2030.
Roskill sees growth opportunities for synthetic and natural graphite in the lithium-ion battery market. It expects total graphite demand to rise by about 5 to 6 per cent per year over the next decade.
As a whole, it appears that the future is bright for graphite. However, synthetic graphite will still face somewhat of an uphill battle. Natural graphite is the fastest-growing subset of graphite through 2030 — and improvements in purity are helping natural graphite enter the nuclear technology and high-end battery markets, which synthetics have typically owned. Price will undoubtedly be a determining factor in the competition between natural and synthetic graphite.
Would you invest in synthetic graphite? Why or why not?
High-quality synthetic graphite manufacturer
Luoyang Moon & Star New Energy Technology Co., LTD, founded on October 17, 2008, is a high-tech enterprise committed to developing, producing, processing, selling, and technical services of lithium-ion battery anode materials. After more than ten years of development, the company has gradually developed into a diversified product structure with natural graphite, artificial graphite, composite graphite, intermediate phase and other harmful materials (silicon-carbon materials, etc.). The products are widely used in high-end lithium-ion digital power and energy storage batteries.
If you are looking for graphite or lithium battery anode material, click on the needed products and send us an inquiry：email@example.com.
As the duration of the conflict between Russia and Ukraine grows, its impact on commodities is widening amid the tug-of-war. Recently, European and American sanctions against Russia have been issued one after another. In response, Russia has taken advantage of its role as an important supplier of many energy and commodities, requiring exports of commodities, including energy, grain, metal, and wood, to "unfriendly" countries to be settled in robles. Therefore, it is expected that the price of the Synthetic Graphite will continue to increase.
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