Procurement Resource Evaluates the Price Trends of Platinum in its Latest Insights and Dashboard
Price Trends of Platinum in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market 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; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Platinum can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Pt stands for platinum, a chemical element with the atomic number 78. It is a transition metal that is dense, malleable, ductile, extremely inert, and silvery-white in colour. Its name derives from the Spanish diminutive of Plata Silver called Platina.
Regions Covered to Evaluate Platinum Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Platinum Price Trend:
In many industrial processes, platinum is used as a catalyst. It is used to create a variety of acids, polymers, explosives, detergents, and fertilisers. Numerous industrial operations also employ platinum-iridium crucibles. They are employed in the production of semiconductor crystals and laser light crystals.
Key Market Players:
- Johnson Matthey
- Acros Organics
- Anglo American Platinum Ltd
- Sibanye-Stillwater
- Norilsk Nickel Mining and Metallurgical Company
- Russian Platinum
News and Events:
Johnson Matthey and Sibanye-Stillwater, a renowned global precious metals mining company, established a strategic alliance in March 2021. To promote decarbonization and the more effective use of crucial metals, such as PGMs and metals utilised in battery technology, the partnership will identify and develop solutions.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing 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 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.
Contact Us:
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Contact Person: Chris Smiths
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