As some have pointed out the ~9% palladium price spike doesn't help current non producers directly (i.e, CHN), but what it does do is highlights the geopolitical risk of having supply tied up with a couple of aligned countries. It also gets people looking into the current price foundations for PGM metals and hopefully raises awareness of the current deficit in supply. The long-term gain for CHN may be government/industry support to establish alternative stable PGM supply in less volatile countries, lets see how we go today.
I also suspect that palladium users will be scrambling to secure materials ahead of any sanctions, so price may continue to go up up up.
As some have pointed out the ~9% palladium price spike doesn't...
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Last
$1.81 |
Change
0.160(9.73%) |
Mkt cap ! $702.1M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.86 | $1.71 | $10.02M | 5.567M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 11173 | 1 |
View Market Depth
| Last trade - 16.11pm 27/06/2025 (20 minute delay) ? |
| CHN (ASX) Chart |