In 2025, Platinum Group Metals (PGMs) — Platinum (Pt), Palladium (Pd), and Rhodium (Rh) — continue to play a critical role in the automotive industry, particularly in catalytic converters. These metals are not only essential for meeting emission standards but also serve as a major driver of the precious metal recycling industry.
At Urban PGM, India's largest MOEF-approved catalytic converter recycler, we track PGM market movements closely to help our partners and suppliers make informed selling decisions. Here's what's shaping PGM prices this year and why it matters to you.
The value of a scrap catalytic converter is directly tied to the global market prices of Platinum, Palladium, and Rhodium.
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Stricter emission norms in India (BS6) and globally are sustaining demand for PGMs in catalytic converters.
PGMs are mined in limited regions like South Africa and Russia, so political or operational disruptions directly impact supply.
Increased recycling helps balance demand without new mining.
Currency fluctuations, interest rates, and industrial activity influence investor demand for precious metals.
Pollution Control Board certified operations
AI-powered Model-to-Code technology for instant converter valuation
Nationwide sourcing network ensuring consistent supply
Same-day payments after inspection and testing
This means our sellers benefit from market-aligned pricing every single day — even in volatile markets.
In 2025, tracking PGM market trends is essential for anyone in the catalytic converter recycling chain. Platinum, Palladium, and Rhodium prices are influenced by global supply, automotive demand, and recycling output — all of which can shift quickly.
At Urban PGM, we help you stay ahead with:
Catalysing Circularity in Critical Metals.
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