|Supplier Database||Umicore N.V, BASF SE, Russian Platinum, Anglo American Platinum Limited, Johnson Matthey|
|Currency||US$ (Data can also be provided in local currency)|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Ruthenium Prices: https://www.procurementresource.com/resource-center/ruthenium-price-trends/pricerequest
Ruthenium (Ru) is a chemically rare element belonging to the platinum metal group and has an atomic number 44. Although more brittle, harder, and rarer than platinum, it has a silvery colour and is relatively similar in appearance. Being a transition metal, it is also inert to the majority of other compounds.
Ruthenium is typically found in trace amounts in platinum ore. In North and South America, it is typically found in ores of the Ural Mountains. A little quantity of aluminum can be discovered in the Sudbury, Ontario-derived pentlandite as well as the South African pyroxenite deposits.
The world’s top producers of ruthenium are South Africa, Russia, Zimbabwe, Canada, and the United States.
Key Details About the Ruthenium Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Ruthenium price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Ruthenium price Forecast, chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Ruthenium Price Trend:
Ruthenium is predominantly used in electrical and industrial appliances. Additionally, it is utilised in building and construction supplies. The majority of the metal discovered is utilised in thick-film resistors as well as wear-resistant electrical connections.
Ruthenium can be utilised in platinum alloys and as a chemical catalyst. A capping layer made of ruthenium has recently been applied to extreme ultraviolet photomasks.
Key Market Players:
• Umicore N.V
• BASF SE
• Russian Platinum
• Anglo American Platinum Limited
• Johnson Matthey
News and Events:
• July 21, 2022: Due to the lack of thick film chip resistors, the price of ruthenium has significantly increased, rising from USD 40 per troy ounce to USD 850 per troy ounce. Customers started looking for an alternative resistor design that is also based on thin film nickel as a result of the price increase.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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