The Palladium Price Trend in United States declined by 17% in Q2 2026 compared with Q1, driven by weaker automotive demand, increasing substitution of palladium with platinum in certain applications, and improving supply availability.
Sluggish global vehicle production and reduced demand for catalytic converters weighed on the market, while comfortable inventories and cautious investment activity added to the downward pressure. These factors created a bearish market environment throughout the qu