Coronavirus & Catalytic Converter Prices
Posted: March 13, 2020
We hope that everyone is doing well and staying as aware of your surroundings and hygiene as much as possible during this hectic time. We want to talk about something different than the media; Catalytic Converter Prices.
We want to keep you informed on how all of this is affecting the catalytic converter market. After seeing all-time record highs in the last couple months for the rhodium market, having palladium extremely high and having platinum almost touching $1,000 an ounce we have seen a sharp pullback in the market overall. Alone on Thursday 3/12, we saw 15-30% drops in multiple commodities that affect catalytic converter buyers.
As you may know, we always have our prices updated online so you can follow where the markets are. We remain optimistic that this is a strong economy that we had until a few weeks ago will remain that way after scientists and the community awareness helps defeat this Coronavirus outbreak.
In the meantime, we look forward to the opportunity to quote you on your catalytic converters and answer any questions that you may have about catalytic converter pricing or how to prepare and ship your material.