The price trend of one kilogram of platinum and rhodium wire recycling has changed recently.

The recent drop in platinum prices, from 260 yuan/gram to 202.5 yuan/gram, has had a significant impact on the platinum and rhodium wire recycling market. Since platinum is the main component of platinum-rhodium wire, the recycling price of platinum-rhodium wire has also seen a corresponding downward trend.

The recycling value of platinum-rhodium wire mainly depends on the platinum price and the platinum content in the platinum-rhodium wire. Currently, there are various models of platinum-rhodium wire on the market. The recycling value of one gram of platinum-rhodium wire is about 200 to 300 yuan. Changes in platinum prices are mainly affected by international financial markets, industrial demand and platinum mine supply.
In response to current market changes, platinum and rhodium wire recycling companies need to adopt diversified strategies. We encourage companies to reduce the cost of platinum and rhodium wire recycling by improving their technology, or expand their business scope to include other types of precious metal recycling. In addition, companies must also pay close attention to the dynamics of the platinum market and flexibly adjust platinum and rhodium wire recycling strategies.

Although the drop in platinum prices in the short term has affected the recycling value of platinum and rhodium wires, considering the wide application of platinum and rhodium wires in industrial production, the platinum and rhodium wire recycling industry still has great development potential in terms of technological innovation and market diversification. , it is expected that the demand for platinum and rhodium wire will remain stable in the long term.