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 Tungsten Carbide.
What is Tungsten Carbide?
As one of the main production raw materials of cemented carbide, the physical and chemical properties of tungsten carbide (WC) powder, such as particle shape, particle size, particle size distribution, oxygen content, carbon content, bulk density, etc., will directly affect the quality of alloy products. Nowadays, with the gradual optimization of the production process of cemented carbide, the market demand for spherical tungsten carbide powder is also increasing.
Tungsten carbide is mainly composed of refractory metal tungsten and non-metallic carbon, and contains a small amount of impurity elements such as Co, Cr, Ti, Ta, Nb, V, Mn, Ni, Mo, O, etc. According to the different particle size, it can be divided into the following grades, WC10 (1.01~1.40um), WC30 (3.01~4.00um), WC50 (5.01~7.00um), WC100 (10.01~14.00um) and so on.
Properties of spherical tungsten carbide
Appearance is black powder, high purity ≥99.9%, sphericity ≥95%, melting point is 2870℃, boiling point is 6000℃, density is 15.63g/cm³, bulk density is greater than 7.0g/cm3, tap density is greater than 7.0. 5g/cm3, the flow performance is less than 10.0s/50g, and has the characteristics of high hardness, low thermal expansion coefficient, high compressive strength, large elastic modulus, and smooth surface. However, due to its high hardness, its processing performance is poor, so it is more suitable for 3D printing.
Production process of spherical tungsten carbide powder
Smelting method: The raw material powder (tungsten powder and carbon black or tungsten powder, carbon black and tungsten carbide) is melted into a liquid state, and droplets will form on the surface under the action of centrifugal rotation method, rotary atomization method or gas atomization method Spherical tungsten carbide.
Modified irregular tungsten carbide: The irregular WC is melted into a liquid state, and then the spherical tungsten carbide powder is made by the plasma spheroidization method or the resistance heat spheroidization method.
Uses of spherical tungsten carbide
Mainly used in the production of cemented carbide. According to different chemical compositions, cemented carbides can be divided into tungsten-cobalt, tungsten-titanium-cobalt and tungsten-titanium-tantalum (niobium) types.
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The development of the Russia-Ukraine conflict will continue to dominate the commodity prices such as the Tungsten Carbide in the future. If the conflict eases or cools, Russia and Ukraine go back to negotiate, commodity prices would fall. However, if the situation between Russia and Ukraine deteriorates further, or evolves into a full-scale war, the price of the Tungsten Carbide is predicted to see further improvement over the coming days.
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