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Rhodium Prices and Glowplugs Empty Rhodium Prices and Glowplugs

Post  Levent Suberk on Wed Feb 26, 2020 3:42 am

Because Rhodium prices are getting higher so MECOA says that "Sorry no more qty discounts on plugs due to the cost of Rhodium".

http://www.mecoa.com/acc/glowplug/glowplug.htm
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Post  getback on Wed Feb 26, 2020 5:38 am

I guess as usually there paying the Hi end price https://www.kitco.com/charts/rhodium.html lol! Nice way to price gouge . Mad
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Post  1/2A Nut on Wed Feb 26, 2020 8:11 am

Here is this as links can die off this won't:

Alert!!! Rhodium cost is skyrocketing from
$2400.00 per oz a year ago, $7300 as of 1-9-2020,
and to $10,400.00 as of 2-5-2020
Now as of 2-18-2020 $11,800.00
The majority of the increase was in the past 90 days
Click here to see current trend

Rhodium hit $10,000 per oz in the past and now it's over that..

Rhodium is a silver-white metallic element resistant to corrosion and highly reflective.
It is considered the rarest and most valuable precious metal in the world. The main use
for rhodium is in catalytic converters designed to clean vehicle emissions. The biggest
producer of rhodium is South Africa. There is no futures market for rhodium, but there
are a few exchanges which trade the element including Johnson Matthey in Hong Kong, China.


What is the difference between an epidemic and a pandemic?
Epidemic: An outbreak of disease that attacks many peoples at about the same time and may spread through
one or several communities. Pandemic: When an epidemic spreads throughout the world.

Economic Pandemic?

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Rhodium Prices and Glowplugs Empty blow your mind with some of these spot prices

Post  fredvon4 on Wed Feb 26, 2020 8:19 am

https://tradingeconomics.com/commodity/rhodium


look through charts and be astounded at price of things relative to oz of gold

find lithium
only thing missing is the unit of measure.....lithium is it per oz or ton

the rhodium is per oz as is gold and others I recognize
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Post  aspeed on Wed Feb 26, 2020 10:15 am

Platinum is only $1,000 and has remained fairly steady. I didn't know that rhodium was even used. I am sure the wire form that is used costs much more than the $10,000 / oz. but very little would be needed.
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Rhodium Prices and Glowplugs Empty LITHIUM 49,000.00

Post  fredvon4 on Wed Feb 26, 2020 10:35 am

find lithium
only thing missing is the unit of measure.....lithium is it per oz or ton


BETTER BE PER TON

and yet 49 thousand dollars per ton is stupid high considering current and near future demand

just how many grams in a LiOn battery

anyone have research on what is needed on glow plugs....seems to me several different catalysts are used and all not pure element but Plated over niChrome
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Post  ian1954 on Wed Feb 26, 2020 10:48 am

The problem is that it is one of the many metals used in catalytic converters and so it is in demand from car manufacturers.

This has also led to a booming industry stealing catalytic converters from cars here in the UK

https://www.bbc.co.uk/news/business-49767195
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