|Industrial Uses||Cosmetics, Crystals, Industrial appliances, Medical appliances, Coating for non-conductive materials|
|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 Iridium Prices: https://www.procurementresource.com/resource-center/iridium-price-trends/pricerequest
The chemical element iridium (Ir) has the atomic number 77. It is a transition metal with a white-silverish hue, and is extremely hard and brittle by nature. It has significant density naturally and is known to be the second densest metal after Osmium.The second-densest naturally occurring metal and a member of the platinum group is the metal in question (after osmium). It is the most resistant to corrosion and can withstand temperatures of up to 2000 °C.
Chinese Taipei, Japan, South Africa, the United Kingdom, and Germany are leading iridium-producing countries worldwide.
Key Details About the Iridium 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 Iridium 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 Iridium price trend, 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 Iridium Price Trend:
Due to its high melting point, iridium is used in numerous industrial fields, including the production of premium spark plugs for general aviation aircraft. It is also used to build crucibles that are used to create sapphire crystals as well as containers for melting and working with other industrial-grade metals.
Key Market Players:
• Umicore N.V
• BASF SE
• Russian Platinum
• Anglo American Platinum Limited
• Johnson Matthey
News and Events:
• September 2022: Prices for iridium fell by 65.67 percent in the week ending September 16, 2022. There was a 0.96 percent price increase on September 20, 2022. On September 21, 2022, the price did alter and increased by 4.14 percent. INR 0.871641 is the current price per IRD. Iridium, however, is still 95.64 percent behind the record high of INR 19.981875, currently.
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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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