Rhodium Price Index 2026: Strategic Price Analysis and Forecast

Global Rhodium Prices Movement January 2026:

The rhodium price index in January 2026 reached USD 393,206.34/kg globally, reflecting a sharp 28.0% increase. Strong demand from automotive catalytic converter production supported the rise, as manufacturers increased procurement to meet stricter emission compliance requirements across major industrial regions.

Supply Constraints

Limited rhodium availability from primary producing regions contributed to tighter supply conditions. Mining output remained constrained due to operational challenges and maintenance activities. These supply-side limitations amplified price movements, especially amid consistent industrial consumption during the month.

Automotive Demand

The automotive sector remained the largest consumer of rhodium in January 2026. Increased vehicle production and stricter emission standards drove higher usage in catalytic converters, reinforcing upward price momentum as manufacturers prioritized securing adequate material volumes.

Production Challenges

Rhodium production faced ongoing challenges linked to labor constraints, infrastructure issues, and rising operational costs. These factors restricted output growth, keeping availability tight and supporting elevated pricing levels throughout the global supply chain.

Short-Term Outlook

Rhodium prices are expected to remain elevated in the near term due to continued demand from emissions-control applications. Supply recovery is likely to remain gradual, suggesting sustained price strength unless production levels improve significantly.

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Note: The analysis can be tailored to align with the customer's specific needs.

Factors Affecting Rhodium Supply and Prices

  • Mining Output: Limited production from a few primary mining regions strongly influences rhodium availability.
  • Automotive Demand: Usage in catalytic converters for emission control drives a large share of consumption.
  • Recycling Rates: Recovery from used catalytic converters helps offset supply shortages.
  • Production Costs: Labor, energy, and operational expenses impact extraction and refining costs.
  • Regulatory Standards: Stricter vehicle emission regulations increase rhodium consumption and affect pricing levels.

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Key Coverage:

  • Market Analysis
  • Market Breakup by Region
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Price Analysis
    • Spot Prices by Major Ports
    • Price Breakup
    • Price Trends by Region
    • Factors influencing the Price Trends
  • Market Drivers, Restraints, and Opportunities
  • Competitive Landscape
  • Recent Developments
  • Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Rhodium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2026 Edition,” presents a detailed analysis of Rhodium price trend, offering key insights into global Rhodium market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Rhodium demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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