Nick Jonson

Highlights Rhodium approaching $18,000/oz Market up 19.50% since start of year Rhodium prices traded solidly above $17,000/oz Feb. 8, with offers now approaching $18,000/oz, according to physical market sources. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Much of the demand appeared to be industrial, though some market source also suspected producer buying for contractual obligations.

Highlights Global economic recovery to boost demand Microchip shortage remains a headwind Global fabrication demand for platinum, palladium, and rhodium should rise this year on the back of strong commercial vehicle sales and overall economic improvement following last year's coronavirus disruptions, New York-based CPM Group analysts said July 13. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.

Fort Lauderdale, Florida — Aluminum demand from the global automotive industry should remain strong as the industry adapts to higher emissions standards, electrification and fuel efficiency, Scott Ulnick, managing principal of consultancy DruckerFrontier, said Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.