Thu, Sep 18, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Market fundamentals support rhodium near $1,000/oz: A-1 specialized

Posted on 19 September 2013

Market fundamentals are sufficient to support rhodium prices near the current $1,000/oz level, despite reduced usage in automobile catalytic converters, according to analysts with A-1 Specialized, one of the largest recyclers of platinum-group metals in the US.
“Underlying fundamentals for rhodium appear sufficient to justify a longer-term floor in the price of the metal near current levels, values also reached at the trough of this cycle in late-2008,” A-1 analysts said in a report………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36995 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930