Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Citi expects Palladium to rebound by the second half of 2016
Apr 20, 2016 09:42Source:SMM
Palladium is likely to experience deeper supply deficits than platinum over the next five years, driven primarily by strong gasoline-related auto-catalyst demand, said Citi Research.
UNITED STATES April 19 2016 11:18 PM
NEW YORK (Scrap Register): Palladium is likely to experience deeper supply deficits than platinum over the next five years, driven primarily by strong gasoline-related auto-catalyst demand, said Citi Research.
Palladium is used for catalysts in gasoline-powered vehicles, while platinum is required for diesel-powered ones. Auto-catalyst scrap supply for palladium should recover in 2017 as prices improve; however, this is unlikely to fully counteract stagnating primary and co-product mine supply, Citi added.
As such, Citi expects palladium prices to rebound by the second half of this year. The bank forecasts palladium will average $535 an ounce in 2016, $630 in 2017 and $690 in 2018.
As of 9:11 a.m. EDT, Nymex June palladium was up $12.55, or 2.2%, to $580.55 an ounce.
Citi Research
Citi
Palladium prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
SMM Events & Webinars
All- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025London , the United Kingdom
- Oct20
Li-ION BATTERY China
Oct 20 - 21,2025Xiamen, China
- Oct20
APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
Oct 20 - 21,2025Xiamen, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
