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The Maple Markets

Commodities · Commodity · PA=F

Palladium

1 319,50 USD/oz

+29.3(+2.27%)up

Delayed · 16:59 ET

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What this measures

Palladium futures, a by-product of nickel and platinum mining.

What moves it

  • Gasoline-vehicle autocatalyst demand, which structurally erodes as electrification advances.
  • Russian supply, which is a large share of the global total.

The Canadian angle

Canadian nickel and copper operations recover palladium as a by-product credit, so the price flows into their cost-per-pound reporting rather than their revenue line.

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