Thankyou @Jepren.
Rhodium , and the commodities ( with Palladium ) are under a supply squeeze .
The physical not readily , or reliably available and the individual commodity markets even (forecast ) to fall into deficits this year .
Rhodium demand has been dramatically rising each year but there still had been a small excess each year - major issues with Sth African mines and power outages there, at the same time as growing demand from China for rhodium for in cars for emissions control system —
You are right — A real Supply shortage and shortfall to come !
Rhodium - “they want it NOW”
You provided the link to the article & here it also is in case anyone needs to copy and paste .
https://www.reuters.com/article/us-precious-rhodium-graphic-idUSKBN1ZL1TL
Something else I read yesterday— a shocking number of catalytic converters being stolen , from under vehicles in car lots ! (in the US)
Highly organised crime , targeted cutting off and removal of the catalytic converters due to the high value of the metals in the converters, ? Rhodium included?
Thieves are clearly selling the stolen metal , very valuable Scrap . Unreal.
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