Palladium plunges 70% to bottom, with $1900 key resistance becoming a dividing line for rebound
Palladium prices soared from 2020 to 2022 to $3,400 due to supply panic, then plummeted to around $1,000 as electric vehicle adoption and the substitution effect of platinum took hold. Currently, if prices can break through the resistance of $1,900 to $2,000, it may confirm a structural upward trend. Factors influencing the future movement of palladium include global automobile production, electric vehicle penetration rates, and geopolitical risks.
MarketWhisper·02-28 02:17












