Catalytic Converter Quick Guide 2026: PGM Prices, Values & Sell Tips
Fast PGM breakdown: Current prices, scrap values by type, optimal sell timing, EV strategies. Value tables + tips.
Catalytic Converters: PGM Quick Guide (Jan 2026)
Platinum (Pt), palladium (Pd), and rhodium (Rh) enable catalytic converters to cut vehicle emissions by converting toxic gases. Pt/Pd oxidize CO/hydrocarbons; Rh reduces NOx. Current spot prices (Jan 20, 2026): Pt $2,346/oz ($75/g), Pd $1,864/oz ($60/g), Rh $10,100/oz ($325/g).
Typical converter holds 2-8g total PGMs (higher in exotics). Scrap value: 25-35% of spot after refining costs/losses.
Value Breakdown by Type
| Converter Type | Est. PGMs (g) | Spot Value | Scrap Price Range |
|---|---|---|---|
| Small Domestic | 2-4g | $400-800 | $100-250 |
| Large GM/Ford | 4-6g | $800-1,400 | $200-400 |
| Foreign Medium | 5-7g | $1,000-1,800 | $250-500 |
| Exotic/Diesel | 6-10g | $1,500-3,000+ | $400-1,000+ |
*Prices fluctuate weekly; check ScrapMonster Prices.
When to Sell/Hold
Sell Now If: Rh >$10k/oz (current), Pd spikes 10%+, or inventory full. Get 3+ quotes from verified buyers—top offers hit 30-35% spot.
Hold If: Prices dipping short-term, or awaiting refinery assays (4-12 weeks for exact payout).
Track daily via Kitco/Bloomberg. Weekly ScrapMonster updates reflect markets.
Key Risks & Strategies
EVs: Gradual demand drop through 2040 (1.4B ICE fleet retiring slowly). Diversify to batteries/EV scrap.
Theft Laws: Stricter regs raise compliance—document everything, sell to licensed buyers only.
Volatility: South Africa supplies 70%+ Rh/Pt; strikes spike prices 200%+. Hedge with volume sales.
Buyer Tips: Prioritize direct-refinery links for higher %; avoid lowballs <20% spot.
Recover 92-98% PGMs via pro refining (cheaper than mining).
Ready to cash in? Use our ID Guide, get quotes from buyers, or dive deeper in the Full Guide.