WHY PLATINUM PRICES ROSE IN JUNE 2025

POSTED BY PATY MAK

In the past month, platinum prices have seen a remarkable increase—rising nearly 30%. For businesses and individuals involved in selling used catalytic converters, this sudden market shift presents a valuable opportunity.

At Ecotrade Group, we closely monitor precious metal markets to help our partners make informed decisions. In this article, we’ll explain why platinum prices are climbing and how you can benefit if you’re holding scrap catalytic converters.

Why Platinum Prices Matter to You

Platinum is one of the three primary precious metals found in catalytic converters, alongside palladium and rhodium. Its job is to help reduce toxic emissions in vehicle exhaust systems.

Depending on the type of converter—particularly those from older or diesel vehicles—platinum may be the dominant metal present. This means that when platinum prices rise, the value of those converters increases as well.

What’s Driving the Platinum Price Surge?

Let’s take a look at the main factors behind this recent price movement:

1. Global Supply Constraints

Most of the global platinum production comes from South Africa. However, ongoing challenges such as frequent power outages, declining mine productivity, and operational disruptions have significantly reduced supply. With less platinum entering the market, prices have reacted accordingly.

2. Shifting Investor Interest

As gold prices hit record highs, many investors have begun to look for alternative precious metals. Platinum has become increasingly attractive due to its lower price and similar safe-haven appeal. This shift in interest has increased demand and contributed to rising prices.

3. Strong Demand from China

In China, consumers and jewelers have been turning to platinum as a more affordable alternative to gold. Recent data shows platinum imports into China reached a 12-month high in April 2025, further tightening the market.

4. Ongoing Industrial Use

Platinum continues to play a vital role in industrial applications, including automotive catalysts, electronics, and emerging green technologies like hydrogen fuel cells. This consistent and increasing demand contributes to a strong market outlook.

Is Now the Right Time to Sell?

Precious metal prices are known for their volatility. While the current uptrend is promising, market conditions can change quickly. Many analysts believe that the current price surge is being driven by temporary supply shortages and high demand, both of which may ease over time.

If you’ve been holding onto converters, now may be an ideal time to consider selling while prices remain elevated. At Ecotrade, we offer:

  • Professional sampling and assaying services to accurately determine metal content
  • Transparent and competitive pricing based on real-time market data
  • Toll refining service, allowing you to be paid according to the actual amount of recovered precious metals

This ensures you receive a fair and accurate payout for your materials.

Tools to Help You Stay Informed

To support our customers, we provide powerful digital tools that make it easy to keep up with the market:

Whether you’re a small seller or manage large volumes, these tools can help you make confident decisions.

Why Choose Ecotrade Group?

With over 15 years of experience in catalytic converter recycling, we have built a global reputation for trust, transparency, and efficiency. We provide:

  • Accurate testing of your converters
  • Fair pricing tied to real-time metal markets
  • Fast, reliable payments and international service
  • Supportive customer care every step of the way

Our goal is to help you maximize the value of your scrap material—especially during favorable market conditions like we’re seeing now.

Conclusion: Seize the Opportunity

Platinum’s sharp price increase is a chance for you to earn more from your scrap catalytic converters. Whether you’re sitting on a few units or managing regular shipments, this may be the best time to sell.

Ecotrade Group is here to help you navigate the market, assess your material, and achieve the best possible returns.

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