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Platinum market needs a catalyst if prices are to rise - RBC

Posted on 05 July 2013

PGM prices have strong medium to long-term fundamentals, says RBC Capital Markets. But, for prices to move higher, either stronger economic indicators around the world or significant further labour disruptions in South Africa will be needed.
Writing in its latest Global Platinum Outlook note, out late last week, the RBCCM says the platinum market appears to be more balanced than the palladium market at the moment but, expects it to remain in a small deficit for the next several years………………………………………..Full Article: Source


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