Johnson Matthey: Pgm Prices Soar as Demand Recovers Amid Supply Disruption

Author's Avatar
May 17, 2021

Pgm demand recovered strongly from Covid disruption, with rising auto production, stricter emissions legislation, and resilient industrial demand.

Mining and processing outages hit supplies during 2020 and early 2021, driving pgm prices higher.

Palladium and rhodium prices surged to new all-time records in early 2021, with both markets in significant structural deficit.

PR Newswire