Johnson Matthey Reports PGM Prices Surge as Demand Recovers Amid Supply Disruption
Johnson Matthey highlights a sharp rise in platinum group metal (PGM) prices, driven by a rebound in demand and ongoing supply disruptions. The company notes that the combination of tighter supply chains and increasing automotive and industrial usage is pushing prices higher.
Johnson Matthey highlights a sharp rise in platinum group metal (PGM) prices, driven by a rebound in demand and ongoing supply disruptions. The company notes that the combination of tighter supply chains and increasing automotive and industrial usage is pushing prices higher.
The short‑to‑medium term should see continued upward pressure on platinum, palladium and rhodium prices, benefiting catalytic converter refineries and increasing margins for downstream users. Traders may anticipate further volatility as supply constraints persist.