How do fluctuating market prices affect Catalysis?
Fluctuating market prices, especially for raw materials and precious metals used as catalysts, can drastically influence the economic viability of catalytic processes. For instance, the prices of platinum, palladium, and rhodium are highly volatile. Sudden price spikes can increase production costs, making catalytic processes less competitive compared to alternative methods. Companies need to hedge against these fluctuations or explore the use of cheaper, more abundant materials to mitigate this risk.
