|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand|
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Platinum Prices: https://www.procurementresource.com/resource-center/platinum-price-trends/pricerequest
With symbol Pt and atomic number 78, platinum is a chemical compound that is rare, flexible, elastic, extremely non-reactive, valuable, and comes in silverish-white colour. It is one of the most unique and extraordinary elements found on Earth’s outer layer, having an average abundance of around 5 μg/kg. Just a few hundred tonnes of platinum are produced in a year owing to its scarcity. Moreover, since it has some of the significant uses, it is extremely valuable and is considered as an important precious metal product. Moreover, platinum has an extraordinary endurance to decomposition and rust and thus, is known to be a noble metal.
South Africa is the leading manufacturer of platinum at a global level. Russia owns the second place for global platinum production, followed by Zimbabwe, Canada, and the United States.
Key Details About the Platinum 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 Platinum 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 Platinum Price Trend, chart, including India Platinum price, USA Platinum price, 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 Platinum Price Trend:
Platinum is utilised as an important chemical agent in several industrial procedures. It is employed in manufacturing detergents, fertilisers, plastics, explosives, and numerous other forms of acids. In addition, platinum is widely used in a variety of applications in the medical sector since it is chemically inert and is a good conductor of electricity. This increasing demand is affecting the platinum price trend globally.
This metal is employed in making electronic medical implants, such as pacemakers and hearing aids. Besides, nearly half of the platinum produced is used in making jewelry. In the present days, the predominant application of platinum is in the electronic industry used for the magnetic layering of hard drives for computers. Moreover, platinum is employed in the electronics of the engine, braking, and airbag deployment systems in the automotive sector. Furthermore, platinum alloys are used as a crucial component in the defense and aerospace industries too since they are included in jets and rocket engines.
- Johnson Matthey
- Acros Organics
- Anglo American Platinum Ltd
- Norilsk Nickel Mining and Metallurgical Company
- Russian Platinum
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 tracks 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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