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Latest analysis of palladium market
Palladium is long and short, and many parties are absolutely strong. The ups and downs are mixed, with a strong rise and fall of 2.07%. Market expectation judgment is the same as market expectation. Support, strong support in many ways. From the segmentation of the trend curve, the predicted near-term pattern showed a downward trend from the previous 10 to the third day, with a decrease of 45.62, a decrease of -2.45% and an average increase of-1.22%. Compared with the highest, lowest and closing average price, it is expected to fall.

Palladium is one of the rarest precious metals in the world, and the element symbol Pd is one of the platinum group elements. Palladium has high purity, similar appearance to platinum, silvery white metallic luster in natural state and never fades. Palladium has high temperature resistance, corrosion resistance, wear resistance and ductility. In terms of purity, rarity and durability, platinum can be used instead, which is an ideal material for making jewelry and inlaid gems. Palladium, together with platinum, gold and silver, is one of the international precious metal spot and futures trading varieties, which was once higher than platinum in history.

1. palladium is chemically stable, insoluble in hydrofluoric acid and resistant to phosphoric acid, perchloric acid, hydrochloric acid and cold sulfuric acid. Sodium hydroxide, sodium carbonate and sodium peroxide dissolved in aqua regia, hot concentrated sulfuric acid and concentrated nitric acid have corrosive effects on palladium.

2. At room temperature, palladium is not easy to oxidize and lose its luster. When the temperature is about 400℃, oxides will be produced on the surface. When heated to 800℃ in room temperature air and humid environment, palladium oxide film will be formed on the surface of palladium.

3. Palladium has a natural pure white luster like platinum, and its color is bright. It also looks like platinum, but compared with platinum, the price of palladium is lower. Because palladium has some unique physical and chemical characteristics, it is more difficult to process jewelry than platinum, and the requirements for all links are very high.

4. The growth of spot palladium is related to the shortage of palladium supply, and the new energy technology industry is rich in demand and unique in supply. Demand is improving, but the tight supply situation cannot be solved in essence. In addition, the disadvantage of the dollar and the growth of other precious metals will further promote price growth.