Pt 32.693 Pd 51.671 Rh 350.442 Au 62.051 Ag 0.769

CAR CATALYST OF THE WEEK & TIP OF THE WEEK

This week we present the Nissan Avenir & Nissan Cefiro Auto cat. serial #X3

Data

  • Car Private
  • Brand Nissan
  • Ref X3
 
Monolith A
Monolith B
Metal Price $/g
Type
Monolith A
Monolith B
Monolith C
Ceramic
 
 
Weight
Monolith A
Monolith B
Monolith C
0.840 kg (1.85 lb)
 
 
Palladium
Monolith A
Monolith B
Metal Price
55 PPM (0.055 g/kg)
 
$59
Platinum
Monolith A
Monolith B
Metal Price
1712 PPM (1.712 g/kg)
 
$32
Rhodium
Monolith A
Monolith B
Metal Price
353 PPM (0.353 g/kg)
 
$353
$ Value of the Monolith.
Monolith A
Monolith B
Monolith C
$151
 
 
Total Value of the cat.
$151
 

Note: Please consider that the PGM (Pt, Pd, Rh) content might change from one catalytic to another (with the same serial #) due to its condition affected by mileage, weather conditions, etc. *Assay made with Niton XLT3GOLDD+

PRICE COMPARISON IN DIFFERENT APPS

App
AG Metals
Ecotrade
Elecat
AutoCatalyst
Bacmetall
Konbatas
Price
$151
$106
$119
$108
$106
$108.59
App
Price
AG Metals
$151
Ecotrade
$106
Elecat
$119
AutoCatalyst
$108
Bacmetall
$106
Konbatas
$108.59

TIP OF THE WEEK

2023 Forecast Prices for Palladium Platinum & Rhodium

Forecasting 2023 PGM prices is an almost impossible mission. In the graphs below, Heraeus Precious Metals present their forecasted PGM prices for 2023. Platinum prices are expected to be between 800 – 1,150 $/oz. (30% price gap) Palladium prices are expected to be between 1,300 – 2,250 $/oz. (42% gap)

Rhodium prices are expected to be between 9,000 – 15,500 $/oz. (42% price gap) prices expected to go down due to surplus supply. An important conclusion to all players in the auto catalytic converters recycling supply chain is that fixing / hedging of metal prices is a crucial part of the business. The high fluctuations in prices are risky, especially in low margin businesses.

Don’t be tempted to gamble on prices!

A.G. Metals

Ami Gur