TOKYO -- Palladium and nickel prices have touched lows not seen in several years as the result of manufacturers rearranging their supply chains to reduce their dependence on Russia.
In New York, the most heavily traded futures for palladium fetched $948.50 per troy ounce at one point Nov. 13, marking the lowest point in five years and two months. The value has dropped by roughly 40% from the start of the year.
