Why does the price of iridium catalyst recycling fluctuate greatly?

The fluctuation of iridium catalyst recycling prices is largely affected by the relationship between market demand and supply. In recent months, the price of iridium catalysts has increased from 650 yuan per gram to 720 yuan per gram. This change is due to the increase in market demand for iridium. , especially in high-tech industries and clean energy. With the rapid development of these industries, the demand for iridium has increased, resulting in an increase in the market price of iridium.
The purity and quality of iridium catalysts are also important factors that affect the recycling price. High-purity iridium catalysts usually have a higher market value, and they can be directly used in high-end applications such as the pharmaceutical and electronic industries without going through complex purification processes. If the iridium catalyst contains more impurities or is damaged during use, the value of iridium catalyst recovery will be relatively low.

The fluctuation of iridium prices is also affected by global economic conditions, currency exchange rate changes, and even political factors. Slowing global economic growth will reduce industrial demand for iridium, resulting in a decline in iridium prices. On the contrary, economic recovery and the promotion of new technologies will increase the demand for iridium and push up the price of iridium catalyst recycling.
The fluctuation of iridium catalyst recycling prices is affected by many factors, including changes in market demand and supply, the purity and quality of iridium catalysts, as well as international market and economic factors. The combined effect of these factors leads to an upward or downward trend in the recycling price of iridium catalysts. Understanding the reasons behind these will help to better understand and predict the market trend of iridium catalysts, providing valuable information to related industries and investors.