08/31/2026
📊 Why Palladium Is Worth Watching Now
The UK is reviewing vehicle rules that could help support continued hybrid demand — a development that could be especially important for automotive palladium demand.
Hybrids still use catalytic converters, which can contain palladium, platinum and rhodium. Strong hybrid sales can help support demand for these metals and keep the automotive side of the PGM market active.
For the converter industry, metal prices matter. When palladium, platinum and rhodium move higher, converter values move with them.
That’s why we keep a close eye on both vehicle trends and PGM pricing.
📩 Follow us for catalytic converter and PGM market updates.