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IPMI and Industry News: Industry News

Industrial Buyers Boost Rhodium

Wednesday, November 22, 2017  
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Return of industrial buyers propels rhodium to $1,500/oz

Rhodium prices surged to $1,500/oz this week as industrial consumers rushed back into the market to take advantage of the rapidly falling prices over the last two weeks. The Platts New York Dealer rhodium price range jumped to $1,275-$1,500/oz from $1,240-$1,400/oz last week, with some market sources citing deals above $1,500/oz. - Platts 11/17/2017

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