|Molecular Weight||106.4 g/mol|
|Synonyms||7440-05-3, Palladium on carbon, Palladium Black, paladio|
|Region/Countries for which Data is available||
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||Our services can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after service delivery|
Request for Real Time Palladium Prices: https://www.procurementresource.com/resource-center/palladium-price-trends/pricerequest
Palladium is a metal with a lustrous silvery white colour, It is denoted by the symbol “Pd” and has the atomic number 46. It is a sparkling and precious metal. Palladium belongs to groups 8 to 10 (VIIIb) and Periods 5 and 6 in the periodic table.
The elements palladium, rhodium, iridium, osmium, and ruthenium are all part of the platinum group of metals, or PGMs. The electronic configuration of palladium is [Kr] 4d¹
Due to the fact that they are not affected by the environment at standard temperatures, palladium and its compounds can replace platinum in electrical contacts and jewellery. It is malleable and volatile in nature.
The top palladium producing countries are Russia, Canada, the United States, and Zimbabwe.
Key Details About the Palladium 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 palladium 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 palladium price trend, pricing database, and analysis 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.
Industrial Uses Impacting Palladium Price Trend:
Over half of the world’s palladium supply is used in catalytic converters for cars and other engine-powered machinery. In comparison to other catalysts, this metal is the least expensive and yet the most effective.
Palladium is also frequently employed in multilayer ceramic capacitors, which are frequently found in electronic devices including computers, fax machines, and mobile phones.
Palladium is also used to coat connectors for various devices. Palladium is also used to create dental work, jewelry, blood sugar test strips, watches, surgical instruments, aircraft spark plugs, and electrical contacts. The metal is also used to make concert or classical flutes of the highest caliber.
Key Market Players:
- Norilsk Nickel Mining and Metallurgical Company
- Russian Platinum
- Johnson Matthey
- Heraeus Holding
- Shanxi Kaida Chemical Engineering Co., Ltd
- Anglo American Platinum Ltd
News and Events:
- April 08, 2022: The entry of newly refined platinum and palladium from Russia was recently denied by London trading system. Due to the crises with Ukraine, the London platinum and palladium market blocked entrance to the main trade hub for metals as a move against Russia’s interest.
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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 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.
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