Wed, Jan 28, 2015
A A A
Welcome preal121
RSS

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

Russia tensions push palladium to $900

Posted on 19 August 2014

Palladium touched $900 a troy ounce on Monday for the first time since 2001, taking this year’s price gain to 25 per cent. The precious metal, which is used mainly in catalytic converters in petrol-powered cars, has benefited from real and potential supply disruptions in the two main producing countries.
In South Africa, a five-month miners’ strike crippled output of the metal, pushing the global market further into deficit. Though work resumed in June, its output there has yet to recover to previous levels………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39000 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031