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Global Indium Selenide market trend 2023-2029 What is Indium Selenide Used for? by Newsmapachili

Following the progress in Russia-Ukraine peace talks, the gold price fell more than 1% the next day, hitting its lowest in a month, and palladium prices briefly tumbled by nearly 9%.

"We have seen metal prices going into free fall when the Russia-Ukraine situation is likely to see a major detente, which spurred people's risk preference and optimism that the war could end at a time," said OANDA senior market analyst.

A Russian deputy defense minister says Moscow has decided to sharply curtail its military activities around Kyiv and Chernikov in Ukraine, following talks between Russian and Ukrainian representatives in Istanbul.

Where the prices of metals, natural gas, and commodities like the Indium Selenide will go in the future, is still very uncertain.

What is Indium Selenide?

Indium Selenide is an inorganic compound with the chemical formula In2Se3. Black crystals or dark black scale-like substances. It is a typical two-dimensional layered semiconductor material.


Single crystal indium selenide can be prepared by the Bridgman–Stockberger method. Using a certain proportion of selenium and indium as raw materials, each compound of indium selenide can be prepared by reacting in a tube furnace at high temperature for a long time.


The research on the hydrothermal synthesis of In2Se3 was relatively late. Ascorbic acid was dissolved in ethanol solution at 60 °C, then InCl3 and Se powder were added, and the reaction kettle was kept at 220 °C for 20 hours. -4 μm flower-like γ-In2Se3 spheres.


What is indium selenide used for

InSe is a bandgap-tunable layered semiconductor material with nonlinear optical response over a wide wavelength range. The researchers obtained InSe nanosheets with suitable thickness and band gap by a liquid-phase exfoliation method, and systematically investigated their nonlinear optics and ultrafast carrier dynamics at different pulse width scales (ns and fs).


The researchers found that InSe nanosheets are more likely to reach saturable absorption under wide-pulse laser excitation. Furthermore, the InSe dispersions exhibit different mechanisms of scattering phenomena at different pulse durations, which are due to the thermal effect under ns-pulse excitation and the dynamic spatial self-phase modulation of the laser flow under fs-pulse excitation. 


At the same time, the optical switch modulation is realized by utilizing the competitive relationship between saturable absorption at low energy and nonlinear scattering at high energy. The time-resolved pump-probe results indicate that the InSe dispersion has an ultrafast saturable absorption process and a photoinduced absorption process that may be caused by free carrier absorption or bandgap renormalization.


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Gas prices in European countries are expected to triple if Russian supplies are restricted, according to a press release from Rystad Energy, a Norwegian Energy consultancy.  

The price of natural gas in Europe was $1,200 per 1,000 cubic meters on Tuesday. The benchmark price is already 300 percent higher than a year ago. European gas prices are expected to continue to soar to $3,500 per 1,000 cubic meters if Russian supplies are restricted, according to Analysis by Monitor.

In 2021, Russia delivered 155 billion cubic meters of gas to Europe, accounting for 31 percent of its gas supply, according to an analysis by Monitor Advisors. It would be difficult for Europe to replace Russian gas, which would also destabilize the global LNG market and have a profound impact on Europe's population and economy.

The analysis also said that if Russia stopped supplies now, Europe's current gas reserves would be exhausted by the end of the year, setting in for a cold winter.

In addition, affected by the geopolitical factors, the supply of the Indium Selenide is erratic and thus its prices are expected to go higher in the future.

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