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This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison. As of 2020, the most expensive non-synthetic element by both mass and volume is rhodium.
Price at auction, historically about $100 per litre ($450/imp gal), reached as high as $2,000 per litre ($9,100/imp gal). [35] Since then, demand for helium-3 has declined to about 6,000 litres (1,300 imp gal; 1,600 US gal) per year due to the high cost and efforts by the DOE to recycle it and find substitutes.
In August 2014, the Bureau of Land Management auctioned crude helium from the national reserve at an average price of US$104 per thousand cubic feet of helium content. [29] Grade A helium sold for about $200 per thousand cubic feet, or $7.21 per cubic meter in 2014.
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At any point, an MRI machine contains about 2,000 liters of liquid helium, though suppliers need to replenish any helium that boils off. Mahesh estimates that an MRI machine uses 10,000 liters of ...
According to helium conservationists like Nobel laureate physicist Robert Coleman Richardson, writing in 2010, the free market price of helium has contributed to "wasteful" usage (e.g. for helium balloons). Prices in the 2000s had been lowered by the decision of the U.S. Congress to sell off the country's large helium stockpile by 2015. [23]
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The average price of liquid helium in North America in 2013 was around $6 per liter and represents the lower end of the price range; Europe with around $10 per liter is in the middle, whereas Latin America and Asia expends the highest band range of $13–15 per liter. [5]
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