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 sodium myristate 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.
Overview of Sodium Myristate
Sodium myristate is a chemical listed under CAS 822-12-8. The chemical formula is C13H27COONA, which is easily soluble in water and some organic solvents. Myristic acid is found in the seeds of the tropical tree Nutmeg. Sodium myristate is a saturated fatty acid in the long-chain fatty acid subgroup. It is present in most animal and vegetable fats and oils in the form of glycerides. Sodium myristate is mainly found in milk fat. Compared to oleic acid, myristic acid, a form of hypercholesterolemia, increases LDL and HDL cholesterol levels in healthy people. Myristic acid delays gastric emptying. Sodium myristate may trigger the release of one or more hormones that delay gastric emptying. Sodium myristate is used as an ingredient in soaps, cosmetics and shaving creams, usually in the form of isopropyl myristate. In current usage and concentration practices, sodium myristate is safe as a cosmetic ingredient. Is Sodium Myristate Natural? Sodium myristate, commonly known as the sodium salt of stearic acid, is a naturally occurring fatty acid. Sodium Myristate - A fatty acid that belongs to a more complex group of natural lipids.
How is sodium myristate produced?
Sodium Myristate - an emulsifier, hardener and surfactant; the sodium salt of myristic acid, produced when lye reacts with myristic acid. Coconut oil and palm oil are two great sources of myristic acid.
Is Sodium Myristate Natural?
It is commonly referred to as the sodium salt of stearic acid, a naturally occurring fatty acid. Sodium myristate - a fatty acid that belongs to a more complex group of natural lipids.
Application of Sodium Myristate
Sodium myristate is a white or light yellow paste. Sodium myristate is often saponified and used together with sodium laurate. Sodium myristate is the main ingredient in soap. Sodium myristate is also used in the preparation of textile auxiliaries. The main roles of sodium myristate in cosmetics and skin care products are surfactants, detergents and emulsifiers. The risk factor is 2, which is relatively safe and can be used with confidence. Generally, it has no effect on pregnant women, and sodium nutmeg does not cause acne.
Sodium myristate price
The price of sodium myristate will change randomly with factors such as production cost, transportation cost, international situation, exchange rate, and market supply and demand of sodium myristate. Tanki New Materials Co., Ltd. aims to help 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 Sodium Myristate, please feel free to send an inquiry to get the latest price of Sodium Myristate.
Sodium Myristate Suppliers
As a global supplier of water-based sodium myristate, Tanki New Materials Co., Ltd. has extensive experience in the performance, application and cost-effective manufacturing of advanced engineering materials. The company has successfully developed a series of powder materials (including oxides, carbides, nitrides, single metals, etc.), high-purity targets, functional ceramics and structural devices, and provides OEM services.
|Sodium Myristate Powder Properties|
|Other Names||SODIUM MYRISTATE 822-12-8|
|Tetradecanoic acid, sodium salt,|
|Myristic acid sodium salt|
|Appearance||white fine powder|
|Solubility in water||N/A|
|Particle Size||200 mesh|
|Sodium Myristate Powder Health & Safety Information|
According to the bank of Spain's latest forecast data, the average inflation is expected to hit 7.6% in 2022, but the average wage increase for workers in this country is expected to be less than 4% in 2022.
If the Bank of Spain's forecast comes true, the gap between price and wage growth in Spain in a single year will be the largest since 1984.
Prices in Spain rose 9.8% year on year in March 2022 and average wages rose 2.4% year on year, with the Bank of Spain forecasting that the country's inflation rate will improve from July.
Recent changes in the international situation have had a big impact on commodity and energy prices. How the prices of the sodium myristate will develop in the future is still uncertain.
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