Table Of Contents

Subscribe to Unlock Access

  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

Ruthenium Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Ruthenium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Ruthenium Price Trend for the First Half of 2023

Ruthenium is a member of the rare earth metals family that has high corrosion resistance and electrical conductivity. Ruthenium is employed in the electronics sector that utilizes thin film resistors along with several chemical processes that utilize it as a catalyst. Additionally, it serves as a layer of magnetic recording media used in the production of hard disk drives.

Ruthenium Price Trends

In the Asia Pacific sector, China banned the import of rare earth metals due to the weak demand in its domestic region. The performance of the downstream industries remained feeble as the automotive and magnets sectors struggled with their number of sales. The economic condition of the market also suffered from the failure of two major US banking units that had a negative impact on the purchasing potential of buyers and thus led to the fall in the price trend of the majority of rare earth metals, including Ruthenium.

Analyst Insight

According to Procurement Resource, the price of Ruthenium is expected to decline as the demand from the automotive sector and the condition of the global economy do not seem to support the rise in the market sentiments of Ruthenium.

Procurement Resource provides latest prices of Ruthenium. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.

About

Ruthenium is a chemical element belonging to the platinum group of the periodic table, which is one of the rare transition metals . Like the other metals of the platinum group, ruthenium is inert to the most other chemicals as well. Ruthenium is generally found as a minor component of platinum ores.

Product Details

Report Features Details
Product Name Ruthenium
Industrial Uses Electrical Applications, Industrial Appliances, Building or Construction Materials
Chemical Formula Ru
Synonyms 7440-18-8, Ruthenium black, rutenio
Molecular Weight 101.1 g/mol
Supplier Database Umicore N.V, BASF SE, Russian Platinum, Anglo American Platinum Limited, Johnson Matthey
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


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Process

  • Production of Ruthenium Via Extraction as By-Product

Ruthenium, being a member of the platinum group metals, is derived as a by-product from nickel and copper and platinum metals ore processing. Further, it is refined before its commercial use.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Subscribe to Unlock Access

  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

Our Clients

client-image

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.