October 6, 2024
Osmium Price

Osmium (Os) is a chemical compound that is classed as a transition metal. It has various characteristics like being brittle, hard and having great corrosion resistance. It belongs to the platinum metal group and is derived in the form of traces from platinum ores. It can also be made industrially via nickel and copper extraction and processing. Its respective melting and boiling point are 3045 °C and 5027 °C.

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The leading exporters of Osmium are Chinese Taipei, the United Kingdom, Japan, South Africa, and Germany, and the most significant importers of the metal are the United States, Japan, Singapore, the United Kingdom, and Austria.

Key Details About the Osmium 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 Osmium 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 Osmium Price chart, including India Osmium price, USA Osmium 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 Osmium Price Trend:

Osmium has exceptional properties, like having great stability and hardness, which are the main factors propelling market growth. The metal’s properties make it an ideal choice for applications like manufacturing ballpoint and fountain pens that are high-quality, electrical connections, record player needles, long-lasting gramophone needles, compass needles, instrument pivots, jewellery like rings etc., which in turn boost its market growth. Also, the metal’s use in applications results in products that can handle wear and tear; offer better quality in products such as nibs and needles that are sturdier, stronger, and more corrosion resistant. Hence, its broad application range, as well as the various properties offered, make it an ideal choice for use.

Key Players:

  • American Elements
  • Russian Platinum
  • Johnson Matthey
  • BASF SE
  • Manilal Maganlal & Company

News & Recent Development

  • June 5, 2023– in the anticipated osmium fork by Osmium Institutes, the new price revision for crystalline osmium settled at €1,184.23, a 34.814 percent discount.

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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 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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