The future market of rhodium metal is very small, because there may be new and cheaper substitutes in the field of catalytic automobile exhaust purifier in the future, or people will turn to a more environmentally friendly hybrid or electric engine instead of an internal combustion engine to alleviate the demand problem, which will lead to a sharp drop in the price of this metal.

At present, the demand for rhodium metal in automobile industry is still huge, so the global rhodium metal market is still soaring. The price of this metal shows no sign of falling back. As long as the demand continues to rise, the supply shortage in South Africa will continue to push up the price.

Last year, the average price of rhodium metal in the United States soared from $4.498/oz in 2006 to $6.06 1 oz. This year, the average price in just five months has reached 8. 164 USD/oz. This situation puts the market enthusiasm on how to reduce the application of rhodium metal in various fields.

The price increase really affected consumers. This year or next year, the use of rhodium metal in some industries may decrease, and substitutes may be used in other markets.

Investment is risky, so it is best to ask people in the industry for help and guidance.