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Platinum and Palladium Market Expected to See Biggest Supply Shortfall

iconNov 27, 2014 11:44
Source:SMM
Platinum and palladium supply probably will fall short of demand for a 4th year in 2015 as more usage in vehicles helps compensate for rebounding South African mine output.

by MetalMiner IndX Reports on NOVEMBER 25, 2014 - Platinum and palladium supply probably will fall short of demand for a 4th year in 2015 as more usage in vehicles helps compensate for rebounding South African mine output, according to Johnson Matthey PLC.

Platinum demand will outpace supply by 1.13 million ounces this year and palladium’s deficit will be 1.62 million ounces, according to London-based Johnson Matthey’s platinum-group metals report.

For full access to https://agmetalminer.com/2014/11/25/platinum-and-palladium-headed-for-biggest-supply-shortfall-ever/

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