Palladium
Category
Metals
Exchange
NYMEX (CME Group)
Contract Size
100 troy ounces of palladium
Symbol
PA
About Palladium
Palladium futures are traded in 100 oz lots on NYMEX. Palladium is primarily used in automotive catalytic converters for gasoline engines. Supply constraints from major producers Russia and South Africa can create volatile price swings.
Palladium Price Chart
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Contract Specifications
- Contract Size
- 100 troy ounces of palladium
- Tick Size / Value
- $0.50/oz = $50.00 per tick
- Exchange
- NYMEX (CME Group)
Trading Hours
Sun 18:00 – Fri 17:00 ET with daily halt 17:00–18:00 ET.
Margin Notes
Exchange maintenance margin ~$10,000–$15,000. Highly volatile.
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