Definition of «palladium prices»

"Palladium prices" refers to the value or cost at which palladium metal is bought and sold in the market. Palladium is a rare and precious metal that is used in various industries, particularly the automotive industry for catalytic converters. So, the phrase signifies the current or prevailing cost of palladium.

Sentences with «palladium prices»

That there is expected to be too little palladium to meet demand this year and next may already be reflected in palladium prices. (businessinsider.com)
As with all commodities, palladium prices depend on supply and demand - if there is more supply than demand, prices will fall. (businessinsider.com)
When rhodium prices rocketed in 1990 makers used more palladium, but when palladium prices began to rise, reaching record levels in 2001, this had to be reversed — a new catalyst developed by Degussa of Germany reportedly allowed General Motors to reduce palladium usage by 40 % to 60 %. (sciencemag.org)
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