Hedging: Risk Management for PGM’s
In a market where prices for platinum group metals constantly change, Global Refining Group recognizes the risks our customers regularly take when selling catalytic converters. Hedging is locking in your prices on the current market.
That said, Global Refining Group does what we can to minimize risk for both our non-wholesale and wholesale suppliers. Our idea of customer satisfaction is that your experience working with Global is exceptional and your business is able to thrive with our assistance. That’s why we offer hedging as a risk management strategy in the United States and internationally.
Why Global Refining Group Offers Hedging in the US & Beyond
Hedging is Global Refining Groups way of protecting our customers, as their PGM material can be hedged in advance on the current market’s price. This risk management strategy helps our customers avoid losing a significant profit on their extracted PGM materials when the market is down.
In addition, we encourage our suppliers to use reference tools, such as The Bullion Desk.
At Global, your every penny matters to us as much as it does to you. The use of hedging is one of our many services — reach out to us to learn more about our assay and per piece grading options when selling your catalytic converters. Feel free to contact us today at 877-257-1404 to learn how working with Global Refining Group can benefit your business.
Global Refining Group protects our customers through hedging and other risk management strategies in the United States and around the world.