Quest Critical Metals Inc. C.BULL

Hum...

[ARIMA11]

https://www.wsj.com/articles/palladium-prices-hit-by-car-production-slowdown-11632348053?mod=djemMoneyBeat_us

The new-car shortage is dragging palladium prices toward their worst month in a decade.

 

The most actively traded palladium futures on the New York Mercantile Exchange have fallen more than 20% so far in September, on pace for their worst month since September 2011, according to FactSet. Palladium, a key ingredient in emission filters for gasoline engines, fell 3.2% Thursday to $1,971.80 a troy ounce

 

A stronger dollar has also dragged prices lower. Palladium is priced in the U.S. currency and becomes more expensive to foreign investors when the dollar rises.

[claymore55]

You are absolutely correct about the demise of car manufacturing dragging down the price of pallladium.   The main reason for he slowdown is a lack of computer chips fpr auomobiles. This shortage should be alleviated in the spring of 2022. The demand for auto is strong, and should continue to be.  For example in my area all new deliveries of autos are sold the very day they arrive.