Tag Archives: platinum group metals market

April 2018 Newsletter

 Download Newsletter PGMs (platinum, palladium and rhodium) are the group of precious metals used in the production of catalytic converters.  Historically PGM market prices have behaved very erratically and would fall and rise by extreme amounts for the craziest of reasons.   

September 2017 Newsletter

 Download Newsletter July sales numbers on new cars are out and they are not pretty.  GM is down 15%, Ford down 7.5% and other manufacturers are in similar situations.  Manufacturers have had a pretty good run with great sales in the recent past so this downturn is somewhat expected.   

June 2017 Newsletter

 Download Newsletter As I write this column, palladium has just hit a two year high in price.  This is great news for recyclers who sell catalytic converters.  The other metals in converters (platinum and rhodium) are also doing quite well.  Although most recyclers typically follow platinum as an indicator of their converters worth, palladium is Read More […]

May 2017 Newsletter

 Download Newsletter I have wanted to visit Cuba for many years.  I can’t say exactly why, but I think a big part of it was to see the old cars.  Having grown up in the 60s and being a car nut forever, the pictures of 1950s cars still in everyday use seemed like something I Read More […]

April 2017 Newsletter

 Download Newsletter Car makers from all over the world are scrambling to meet upcoming more stringent emission standards.  At present autos are allowed 130 grams of CO2 emissions per kilometer, by 2021 the CO2 must be reduced to 95 grams per kilometer.  

February 2017 Newsletter

 Download Newsletter This refers to the industry of recycling platinum group metals (PGM’s) from catalytic converters and having them available to the manufacturers of new converters and other industries.  These elements never wear out and can be used over and over again.   

June 2016 Newsletter

Download Newsletter Car and truck manufacturers have extensively changed the way new vehicles are built.  This is not news.  The vehicles produced today are completely different than the ones produced 10, 5 or even two years ago.  On board diagnostics and controls are light years ahead of what we all thought possible. 

May 2016 Newsletter

Download Newsletter As of this writing (April 6), things appear headed in the right direction.  I don’t want to create any false hope but most indicators are positive.  Writing about the markets here is very risky since there is a 4-5 week delay between the time I write this and the time you get it.  Read More […]

February 2016 Newsletter

Download Newsletter In the past couple of years the automotive salvage industry in this country and elsewhere has undergone the most dramatic change of all time.  Prices of every single commodity we sell have dropped dramatically. 

October 2015 Newsletter

Download Newsletter No Value Cats Still Coming In—A month or so ago I wrote about Chrysler no value cats. As you may remember, these converters have OEM Chrysler marking sand are installed on late model diesel powered vehicles. These units look as though they could be worth $200-$300 apiece. They have excellent construction and plenty Read More […]