Palladium prices fell on Wednesday even as the dollar stabilized against a basket of major rivals, however, industrial metals remain under pressure due to Chinese concerns.
Covid 11 infections continue to spread in multiple Chinese cities with speculation about a new wave in the country that could raise concerns considerably.
The Chinese government recently announced that incoming travellers won't have to quarantine when arriving, starting in 2023.
China is the world's largest industrial metals consumer, however demand is expected to decline as infections spread once more.
The dollar index settled at 104.1 as of 15:30 GMT, with a session-high at 104.3, and a low at 103.8.
Palladium futures due in March fell 2.3% to $1,784 an ounce as of 15:31 GMT.