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| Pa & Pt Review |
Palladium's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.
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Targeting Russian Palladium
Sibanye-Stillwater said the U.S. Commerce Department has preliminarily backed its request for tariffs on Russian palladium imports, citing dumping margins of 132.83%, with a final decision expected by mid-2026. The move aims to protect U.S. producers from cheaper Russian supply, largely dominated by Nornickel. Trade data shows U.S. imports shifting toward South Africa and away from Russia, while Russian exports to China have increased. Palladium prices have risen 76% in 2025 amid a broader precious metals rally.
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