CATEGORY

Palladium

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Palladium Industry Benchmarks

Savings Achieved

(in %)

The average annual savings achieved in Palladium category is 6.44%

Payment Terms

(in days)

The industry average payment terms in Palladium category for the current quarter is 64.8 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

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Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Palladium Suppliers

    Palladium Supplier

    Find the right-fit palladium supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    ALCOA CORPORATION
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    4
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    59
    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    53
    Social
    57
    Governance
    71
    6 Domains Performance (/100)
    Business behaviour
    59
    Human rights
    56
    Community Environment
    67
    Corporate governance
    77
    Human resources
    53
    Security Scorecard
    85
    Threat indicators
    B
    87
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    66
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    81
    Application Security
    Detecting common website application vulnerbilities
    B
    84
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    84
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    97
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    alcoa.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    1
    Workforce Health Safety Issues
    0
    Product Service Issues
    27
    Human Rights Issues
    0
    Production Supply Chain Issues
    2
    Environmental Non Compliance Flags
    30
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    3
    Fraud Issues
    0
    Labor Health Safety Flags
    29
    Regulatory Issues
    3
    Workforce Disputes
    29
    Sanctions
    0
    esg energy transition
    50
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    Yes

    Palladium market report transcript

    Palladium Global Market Outlook

    • The global demand for palladium is expected to grow at approx. 6–8 percent CAGR through 2020–2023

    • The automotive and chemical sectors shall be the major growth drivers

    • In 2020, Russia is expected to have accounted for the largest share of the world’s palladium production, holding nearly 44 percent of the global market share, followed by South Africa accounting for 29 percent of global production

    Impact of COVID-19 on Palladium Industry

    • Engaging in short-term contracts/partnerships with sourcing destinations, which are affected to a lesser degree, will help to alleviate a certain degree of uncertainty in the market.

    • Suspension of operations in South Africa, due to COVID-19-led lockdowns, coupled with a slow ramp up of production, due to stringent safety measures, along with labor shortages, had led to loss of production between 10 percent and 40 percent in most of the mines in South Africa during the first nine months in 2020

    • Russia and North America reported a marginal pandemic-related impact on the production in 2020

    • The auto-catalyst segment, which was the most affected, continues to be affected due to semiconductor shortage. Production levels also declined, owing to shutdowns, production cuts, etc.

    Global Palladium Market: Drivers and Constraints

    Industry Drivers

    • End Use Market: Increase in automotive output, especially gasoline vehicle, with more palladium loading, as countries across tighten emissions. Demand from the chemical industry shall witness robust growth, where palladium catalysts are used in bulk chemical process, like MEG and purified terephthalic acid (pTA) hydrogen peroxide (with large capacity additions in China) productions.

    • High Prices: Current multi-year high prices are expected to incentivise supplier to maintain supply level stable and destock to benefit from high prices. The worlds largest palladium producer, Nornickel, has even announced contest for scientist to find new ways to use palladium.

    Constraints

    • EV: Growth in EV shall dent the demand for palladium, as no catalyst is required in EVs.

    • Substitutions: In the electronics sector, nickel has widely replaced palladium used in electronic pastes in capacitor with palladium now being only used in niche application. Current high prices of palladium is also making automakers to look to some platinum based formulations to be used as catalysts.

    • High Operation Costs & Over-reliance: Environmental concerns (high waste & tailings), high production costs are also a major constraints to development of new projects. The over reliance on South Africa & Russia for production exposes supply chain to disruptions.

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