Rhodium Price Trend Analysis 2026: Latest News, Market Insights, Price Drivers, Supply Demand Analysis & Historical Prices

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In the first half of 2025, rhodium prices saw a sharp upward trend, driven by a mix of tighter supply, renewed demand, and unexpected market activity. The year began with sluggish momentum, but prices started rising quickly by late February. Production disruptions in South Africa, especially due to flooding at Amplats’ Tumela mine, combined with lower refined inventories, reduced market availability. Meanwhile, Anglo American Platinum (Amplats) was seen actively buying metal, surprising market participants who had expected a price decline.

Strong automotive sales in the U.S. and China supported end-user demand, while spot market activity increased as long-term contracted supply left little extra metal available. North American automakers and Chinese glass manufacturers added to the demand pressure. Seasonal dips in refined metal output from South Africa further tightened the market, contributing to the rapid price climb. Investor sentiment also played a role, with bullish signals from Amplats ahead of its demerger helping lift broader optimism for platinum group metals.

About Rhodium

Rhodium is a rare chemical element with a silvery-white appearance. It is a hard, chemically inert, and corrosion-resistant transition metal. It is a member of the platinum group. It has only one naturally occurring isotope, that is, 103Rh. Rhodium, in its powdered form, is primarily used as the cars' catalytic converter and is popular as a highly useful metallic agent.

Rhodium Product Detail
Chemical Formula

Rh

Cas Number
7440-16-6
Molecular Weight
102.9055 g/mol
Industrial Uses

Catalyst, Strong, Complexing Agent, Alloys, Other

Synonyms

Rhodium Fume, Rhodium on Carbon

Supplier Database

Umicore N.V, Russian Platinum , Anglo American Platinum Limited, Johnson Matthey, BASF SE, E Buddy Recyclers 

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Rhodium Production Process

  • Production of Rhodium via Extraction: Rhodium is extracted or derived as a by-product of platinum and nickel mining and processing. The product is then separated from the ores and refined before its commercial use.

Our Price Analysis Methodology

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