Why it matters
- Primary catalyst in gasoline-engine emission systems worldwide.
- Roughly 40 percent of mine supply comes from Russia, concentrating supply risk.
- Liquid NYMEX futures allow clean hedging and price discovery.
Used in
Catalytic convertersElectronicsDental alloysHydrogen purification
Supply
Russia and South Africa dominate. Recycling from spent catalysts is a growing secondary source.
Demand
Automotive catalysts, electronics, dentistry, and jewelry.
Role in the portfolio
Liquidity anchor. Easy to trade, so it gives the AI Agent an exit path and hedging capacity.
Scorecard
Scarcity70
Industrial demand85
Supply concentration80
Liquidity90
Team view, not market data.