Osmium Price Chart and Forecast Analysis Provided by Procurement Resource
Report Features | Details |
Product Name | Osmium |
Supplier Database | American Elements, Russian Platinum, Johnson Matthey, BASF SE, Manilal Maganlal & Company |
Region/Countries Covered |
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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 Osmium Prices: https://www.procurementresource.com/resource-center/osmium-price-trends/pricerequest
Osmium is a chemical element with the chemical symbol “Os” and atomic number 76. Osmium is a strong, brittle metal that shifts from bluish-white to white. It has extremely low compressibility and retains its lustre at high temperatures. The majority of osmium is found as a trace element in alloys, especially in platinum ores.
Osmium is moreover the thickest and the most concentrated naturally occurring element. Manufacturers employ its alloys with platinum, iridium, and other platinum metals to create electrical connections, the tips of fountain pen nibs, and other parts that require a lot of tenacity and resistance.
Osmium, which makes up only 50 parts per trillion of the Earth’s crust, is one of the rarest elements there is. The world’s projected supply is only 0.6 parts per billion, making it the most valuable metal.
The nations with the most osmium in their possession and production include South Africa, Canada, and Russia. In addition to these, the United States and Mexico are among the top countries in North America that employ osmium in the production of chemicals, as a catalyst, and in electrical and electronic devices.
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 trends, 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:
The major industrial uses of osmium are in highly hard alloys for fountain pen nib tips, appliance pivots, electrical contacts, and needles. It is also utilised as a catalyst in the chemical sector.
Moreover, osmium has a large usage in the arena of space applications owing to its superior reflectivity.
It is also employed in light bulbs and fluorescent lamps to boost the output of light. Other uses are in cosmetic items, phonograph styli, and filaments.
Key Market Players:
• American Elements
• Russian Platinum
• Johnson Matthey
• BASF SE
• Manilal Maganlal & Company
News and Events:
- September 22, 2022 – The price of osmium is USD 1.866,59 per gramme.
- September 06, 2022 – The value of the osmium investors at this time has increased by almost 100% from October 2018. This is because the metal is thought to be the final precious metal in existence, making it the greatest metal for investments because it is rare, unidentified, and precious. Osmium is a rare metal with an impressive and intriguing future outlook.
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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.
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