In the precious metals recycling industry, the price of ruthenium powder has always been a focus of attention. Recently, with the recovery of the global economy and the gradual recovery of industrial production, the market demand for ruthenium powder continues to grow, and its recovery price has also shown a steady rise.
According to the latest market conditions, the current recovery price of ruthenium powder has reached a relatively high level. Specifically, the purity of 99% ruthenium powder, its recycling price has climbed to about 300 yuan per gram. The purity of the slightly lower 90% ruthenium powder, the recovery price is also around 70 yuan per gram. This price is a significant increase compared to previous years, reflecting the strong demand for ruthenium, a rare metal.
The rise in the price of ruthenium powder is no accident. In recent years, with the progress of science and technology and the development of industry, ruthenium has shown its unique value in many fields. In the chemical industry, ruthenium is commonly used as a catalyst to improve the efficiency of chemical reactions. In the electronics industry, ruthenium is widely used for its excellent electrical conductivity and corrosion resistance. These increases in demand have directly driven up the price of ruthenium powder.
Take a specific case as an example, recently a large chemical plant because of production needs, in urgent need of a batch of high purity ruthenium powder. Because of the tight supply of ruthenium powder in the market, the chemical plant had to buy the required ruthenium powder from recyclers at above-market prices. This incident not only highlights the scarcity of ruthenium powder, but also reflects the important position of the recycling industry in the precious metals supply chain.
From historical allusions, we can also find traces of the rising value of ruthenium powder. In ancient times, ruthenium was regarded as a precious metal and was often used to make beautiful jewelry and crafts. In modern times, with the progress of science and technology, people have gradually discovered the huge potential of ruthenium in the industrial field, making its price continue to rise.
As a precious metals recycler, I know the value of ruthenium powder. In the current market environment, the price of ruthenium powder is still expected to continue to rise. Therefore, for consumers with ruthenium powder in their hands, now may be a good time to sell. For us recyclers, it is more necessary to accurately grasp the market dynamics and recover ruthenium powder at a reasonable price to meet the needs of the market.
In this volatile market, the price fluctuations of ruthenium powder undoubtedly bring new opportunities and challenges to our recycling industry. Only by keeping up with the pace of the market and continuously improving our professionalism and market acumen can we stand out in this industry and achieve greater development.
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