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<p>[QUOTE="Speedbump, post: 4337529, member: 75637"]Where Platinum is preferred as for diesel catalytic converters, Palladium is more common in gasoline powered vehicles. Demand for palladium has been on the rise with increased global car sales, more strict emissions regulations, and a shift away from diesel passenger cars, mainly in Europe. Demand has greatly exceeded supply, driving prices to record highs. The outlook on auto sales is not super wonderful right is however. It wasn’t great before the viral outbreak, and is even worse now. Palladium has dropped some and will likely drop more over the coming months on slowing auto demand. I also expect EVs to become more mainstream in the coming decades, pushing platinum group metals lower long term.[/QUOTE]</p><p><br /></p>
[QUOTE="Speedbump, post: 4337529, member: 75637"]Where Platinum is preferred as for diesel catalytic converters, Palladium is more common in gasoline powered vehicles. Demand for palladium has been on the rise with increased global car sales, more strict emissions regulations, and a shift away from diesel passenger cars, mainly in Europe. Demand has greatly exceeded supply, driving prices to record highs. The outlook on auto sales is not super wonderful right is however. It wasn’t great before the viral outbreak, and is even worse now. Palladium has dropped some and will likely drop more over the coming months on slowing auto demand. I also expect EVs to become more mainstream in the coming decades, pushing platinum group metals lower long term.[/QUOTE]
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