Analysts at JPMorgan recommended selling or "underweight" emerging market local currency sovereign debt because of the global impact of the Ukraine-Russia crisis.
JPMorgan estimated that fixed-income assets in emerging markets have lost 6-9 percent of their value since Russia invaded Ukraine a month ago, with nervousness about the war and its impact on global energy and food prices adding to existing pressures.
Some leading emerging market central banks are signaling that interest rates now need to rise faster than previously expected, which fuels fears of "stagflation". Stagflation means when high inflation and higher interest rates undermine economic growth.
With both the U.S. Federal Reserve and emerging market central banks raising interest rates, JPMorgan also said it made sense to "underweight" emerging market assets by taking advantage of the recent pullback in local currency bond yields relative to TREASURIES.
JPMorgan said major metals exporters such as South Africa, Chile, and Peru could still do well, but warned that emerging market fixed income assets now faced a more "stagflationary" trajectory.
The markets and prices of many commodities, metals, chemicals like the Manganese Oxide Mn2O3 still face uncertainty.
Manganese oxide Mn2O3 overview
Manganese trioxide is an oxide with a chemical formula of Mn2O3 and a molecular weight of 157.88. Black cubic crystals. Relative density 4.50. Insoluble in water, acetic acid and ammonium chloride solution, soluble in other inorganic acids. It dissolves in cold hydrochloric acid to form a brown solution, becomes a red solution in hot dilute sulfuric acid or concentrated sulfuric acid, decomposes into MnO₂ and manganese nitrate in hot nitric acid, and decomposes into Mn3O4 when heated and releases O₂. It exists in two forms, α-Mn2O3 and γ-Mn2O3. α-type is obtained by decomposing nitrate, carbonate or chloride and hydride of divalent manganese in air by heating to 600～800℃; γ-type is obtained by heating MnO2 in vacuum at 500℃ for 78 hours, or By γ-MnO (OH) dehydration obtained. It can be used in the printing and dyeing process of fabrics, in the oxidation process of carbon monoxide and organic compounds, and can also be used to synthesize soft magnetic materials, or as an important base material for the synthesis of lithium-ion batteries.
"Not necessarily, for example: metal oxides such as manganese heptaoxide and chromium trioxide are acidic oxides, and metal oxides such as aluminum oxide and zinc oxide are amphoteric oxides, none of which are basic oxides; carbon monoxide and Non-metal oxides such as nitrogen are non-salt-forming oxides, and they are not acidic oxides."
Application of Manganese Oxide Mn2O3
Manganese Oxide Mn2O3 is a highly insoluble, thermally stable source of manganese for glass, optical and ceramic applications. Manganese oxide is a black/brown solid, high purity (99.999%) manganese oxide (MnO) powder and is the primary natural source of manganese.
Manganese oxide minerals have been around for thousands of years – used by the ancients to make pigments and clear glass, and are now used as manganese, catalysts and battery materials. There are more than 30 kinds of manganese oxide minerals distributed in various geological environments.
1. Mn2O3 has a wide range of uses and can be used in the printing and dyeing process of fabrics.
2. It can efficiently catalyze the oxidation of organic pollutants and nitrogen oxides, and catalyze organic coupling reactions.
3. It can be used as the precursor of soft magnetic material.
4. As a raw material for synthesizing lithium ion battery electrode materials.
Manganese oxide Mn2O3 price
The price of manganese oxide Mn2O3 will change randomly with the production cost of manganese oxide Mn2O3, transportation cost, international situation and market supply and demand of manganese oxide Mn2O3. Tanki New Materials Co., Ltd. aims to help various industries and chemical wholesalers find high-quality, low-cost nanomaterials and chemicals by providing a full range of customized services. If you are looking for manganese oxide Mn2O3, please feel free to send an inquiry to get the latest price of manganese oxide Mn2O3.
Manganese oxide Mn2O3 suppliers
As a global supplier of manganese oxide Mn2O3, Tanki New Materials Ltd. has extensive experience in the performance, application and cost-effective manufacturing of advanced engineered materials. The company has successfully developed a series of powder materials (titanium oxide, silicon oxide, titanium oxide, etc.), high-purity target materials, functional ceramics and structural devices, and provides OEM services.
|Technical Parameter of Manganese Oxide Mn2O3 Powder :|
Recently, the first press conference of the Boao Forum For Asia Annual Conference 2022 was held. Two flagship reports were released at the conference: "Asia's Economic Prospects and Integration Process 2022" and "Sustainable Asia and the World 2022-Green Transformation in Action in Asia".
The flagship report points out that the global economy will recover in 2021, and the pace of economic integration in the Asia-Pacific has not stopped even in the face of the impact of COVID-19. The Asia-Pacific region has provided new impetus for the world's economic recovery and institutional building.
The report gives an outlook on the Asian economy, noting that a number of factors will affect Asian economic growth. For example, mutated strains such as Delta and Omicron have become more transmissible, and many economies are experiencing epidemic peaks again. The Ukraine crisis has triggered geopolitical changes in Asia and Europe, leading to higher commodity prices, which may affect the global energy supply and energy transformation.
The report pointed out that the Asian economy will still be in the process of recovery in 2022, but the growth rate may moderate. According to the report, Asia's economic growth in 2022 is likely to be lower than the current IMF forecast, which is projected at 4.8%.
Affected by several factors, the supply of the Manganese Oxide Mn2O3 is erratic and thus its prices are expected to go higher in the future.
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