Platinum (Industrial)
Precious Stones & Metals · HS 7110 · verified suppliers & live price
About Platinum (Industrial)
Platinum is a dense, corrosion-resistant precious metal primarily used in catalytic converters, chemical processing, petroleum refining, and jewelry manufacturing. Internationally traded forms include sponge, powder, granules, and ingots, with purity grades typically ranging from 99.9% to 99.95% for industrial applications. South Africa dominates global production, supplying approximately 70% of output, followed by Russia, Zimbabwe, and Canada. Buyers should verify certificates of authenticity and purity analysis from recognized assay offices, as platinum's high value makes market fraud a persistent concern; spot price volatility also significantly impacts procurement strategies and inventory management.
Specifications
- Grade / spec
- 99.95%, sponge/ingot, Industrial
- HS code
- 7110
- Trading unit
- oz
- Category
- Precious Stones & Metals
- Pricing basis
- Live Genesis Index (market)
- Buyer protection
- Escrow.com · inspection on release
Genesis Sourcing Intelligence™
On the Genesis network, Platinum (Industrial) currently matches 59 verified suppliers across 2 countries, with a live benchmark price. Its Genesis Sourcing Index of 75/100 reflects strong sourcing availability — expect fast, competitive firm offers, every one escrow-protected.
Computed live from the Genesis network — verified‑supplier availability, geographic reach and price transparency. Recalculated continuously; found only on Genesis.
Verified Platinum (Industrial) suppliers
Frequently asked questions
What is the current price of Platinum (Industrial)?
Platinum (Industrial) is priced at approximately $1,523.7 per oz on the live Genesis Index (real-time market reference). Request a quote for a firm, escrow-protected offer.
How available is Platinum (Industrial) to source?
Platinum (Industrial) carries a Genesis Sourcing Index of 75/100 (Strong), based on 59 verified suppliers across 2 countries on the network and live benchmark pricing. Sourcing is strong — competitive firm offers typically return fast.
Who are verified suppliers of Platinum (Industrial)?
Genesis Trade lists verified Platinum (Industrial) suppliers and exporters worldwide, including Platinum Commodities L.L.C-FZ, Emirates Industrial and Trading Company Limited, Compa#Ia De Seguros La Comercial E Industrial De Avellaneda Sociedad Anonima, Editorial Sopena Argentina Sociedad Anonima Comercial Industrial E Inmobiliaria. Every transaction is escrow-protected.
How do I buy Platinum (Industrial) safely?
Request a quote on Genesis Trade. Payment is held by Escrow.com — a US-licensed, regulated escrow provider — and released only after independent inspection and your confirmation of the goods.