Highly volatile Rhodium looks like its heading north again, how hight this time I don't know. Keeping in mind demand is still increasing in europe and china which will affect the spot price!
For those that don't know about Rhodium and Palladium, they are used in catalytic converters basically to reduce pollution, much of these two elements in brought back to market through scrap recycling etc but watch demand therefore prices grow as europe and US tightens emissions standards and china actually starts to implement them:) Just one of the reasons I'm long PGMs
Highly volatile Rhodium looks like its heading north again, how...
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