U.S. natural gas futures rose about 5 percent to a near nine-week high as global energy prices surged on concerns over a pricing plan for energy exports, keeping U.S. LNG export demand near record highs. U.S. natural gas prices have risen despite forecasts of mild weather and lower-than-expected demand, which will allow utilities to fill up storage facilities next week. On Wednesday, Germany launched an emergency plan to manage gas supplies in Europe's largest economy. If natural gas supplies are interrupted or stopped, the German government could take unprecedented steps to limit electricity supply.
Affected by the increase in the price of natural gas, the price of the Nitinol Alloy will also increase.
What is Nitinol?
The tensile strength of Nitinol can reach 1000 MPa. That is to say, it takes more than 100 dry grams of force per square millimeter to break it, which is stronger than ordinary steel, and also has good "memory" performance and corrosion resistance.
Nitinol contains 50% nickel and 50% titanium, that is, the components of nickel and titanium are equally divided, each accounting for half. The temperature range of its shape memory can be adjusted by controlling the composition. In general, the higher the nickel content of Nitinol, the lower the operating temperature. When the nickel content is 55% and the titanium content is 45%, the memory alloy can work at room temperature.
People have used this feature of memory alloys to make pearl necklaces and bracelets made of memory alloy wires, as well as bras woven with memory alloy wires. When these decorations and health care products are worn on the body, they will restore their original curvature and stiffness under the action of human body temperature, thus playing a role in decoration and health care. In addition, the orthodontic wire can also be made of Nitinol alloy, which can use the temperature of the human mouth to correct the deformed teeth.
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Since February, gold has enjoyed a smooth upward run on the back of surging US inflation and the brewing of war. While expectations of rate rises have also risen in tandem over this period, gold had been largely pre-priced and the underlying driver of tightening expectations had come from inflation continuing to rise to record highs. The risk aversion caused by the continued tension in the war also provided an important short-term support for gold. This will have a certain impact on the price of the Nitinol Alloy and the market of the Nitinol Alloy.
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