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Platinum, Palladium markets may witness deficit in 2013-14: Barclays

Posted on 13 May 2013

Platinum and palladium markets may witness deficits in 2013 and continue with the trend in 2014 as the challenging mine supply backdrop overshadows the modest recovery in demand anticipated for later in the year, stated London based Barclays in its recent market analysis.
Although the bank does not expect that the production losses to the magnitude suffered last year. Given the pick-up in recycling toward the end of last year, Barclays sees scope for supply to be revised up from the preliminary estimates released in November…………………………………..Full Article: Source


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