Rhodium Drops 48%, Affects Cat Prices – 4/8/20
Posted: April 8, 2020
We hope that everyone is doing well and staying as aware of your surroundings and hygiene as much as possible during this challenging time.
Catalytic Converter Market News
The markets for platinum, palladium & rhodium had looked to be steadying this past week, but rhodium had a 48% decrease in pricing which has severely hurt the market. These swings will directly affect all catalytic converter prices.
Keeping You Informed on Cat Prices
We are constantly checking and updating the current prices for catalytic converters, so we can continue to quote yours at a fair price. Our team is always working to get you the best price for your scrap catalytic converters and we think it’s important to show you where the prices are coming from and how the market affects them.
Stay tuned and updated by signing up for our emails for the latest in cat prices.
4 Most Common Catalytic Converters Scrap Prices as of 04/01 – 04/07:
Toyota GD3 Cat: Previously: $453 – Now $386
Toyota EA6 Cat: Previously: $308 – Now $285
Large GM Cat: Previously: $144 – Now $120
Large Breadloaf Cat: Previously: $213 – Now $192
Review of the Week:
Tip of the Week:
How do I find the serial # on my Catalytic Converter?
Most catalytic converters have a reference or serial number carved or printed on it. This reference number enables us to identify your converter more accurately. If you can’t find a serial number when sending pictures, don’t worry, we can identify them without one.
Watch this video to find helpful ways to find the serial number on your catalytic converter.
We Are Receiving Packages…
The buying team for the Catalytic Control Division at Rockaway Recycling is still up and running. Send your photos to receive a quote today!
We May Have Slight Delays…
We will continue to receive and process your packages in 2-3 business days, but because our shipping partners are overwhelmed with “essential” deliveries, there can be a slight delay.