Platinum Market Price

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Platinum is one of the three main precious metals that is recovered from catalytic converters when they are being recycled. Our RRCats.com team keeps the precious metals updated on our website to help you understand how the market prices are changing regularly.

While we quote each catalytic converter individually, they all lead back to the market prices for Platinum, Palladium, and Rhodium. Our team is regularly looking for ways to keep you updated on what the markets are doing and what to expect when scrapping your catalytic converter.

Platinum found in catalytic converters is hard to get to so be sure to bring the whole Catalytic Converter to a scrap yard to get the best prices considering all of the platinum is inside. If you are trying to remove the Platinum from a catalytic converter you will most likely lose money from it because the metal isn’t refined to pure levels. To get the best prices for platinum, make sure it is clean and separated from the rest of your scrap metal. Also call more than one yard near you. The only way to truly know if you have platinum or not is by using an XRF Analyzer, or by sending the material out to be tested by a lab.

Updated Chart for Current Platinum Market Prices

You can see the price market chart (above) for the recent weeks of prices for the Platinum Prices that our RRCats Division keeps track of. When you are looking to scrap your catalytic converters with us, be sure to request a current price for your catalytic converter.

Our Quotes Are Good for 7-Days

When we are quoting your catalytic converters, we are providing the price we will pay if you sell us your catalytic converter in the near future. When we provide your price quote for your cat, we will only honor that price for 7-days because precious metal prices like Platinum are regularly changing so this is how we continue to have fair prices when scrapping your cat.

**Rockaway Recycling does NOT purchase Platinum scrap, but instead are using this page as an informational resource for our customers or visitors that are looking for more resources when they are looking to recycle their catalytic converters.**