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Rhodium Prices and Glowplugs
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Rhodium Prices and Glowplugs
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
http://www.mecoa.com/acc/glowplug/glowplug.htm
Levent Suberk- Diamond Member
- Posts : 2206
Join date : 2017-12-24
Location : Türkiye
Re: Rhodium Prices and Glowplugs
I guess as usually there paying the Hi end price https://www.kitco.com/charts/rhodium.html Nice way to price gouge .
getback- Top Poster
-
Posts : 10169
Join date : 2013-01-18
Age : 66
Location : julian , NC
Re: Rhodium Prices and Glowplugs
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?
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?
1/2A Nut- Top Poster
- Posts : 3444
Join date : 2013-10-20
Age : 60
Location : Brad in Texas
blow your mind with some of these spot prices
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
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
fredvon4- Top Poster
-
Posts : 4002
Join date : 2011-08-27
Age : 68
Location : Lampasas Texas
Re: Rhodium Prices and Glowplugs
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.
aspeed- Platinum Member
- Posts : 790
Join date : 2013-01-19
Location : Leamington Ont. Can.
LITHIUM 49,000.00
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
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
fredvon4- Top Poster
-
Posts : 4002
Join date : 2011-08-27
Age : 68
Location : Lampasas Texas
Re: Rhodium Prices and Glowplugs
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
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
ian1954- Diamond Member
- Posts : 2688
Join date : 2011-11-16
Age : 69
Location : England
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