Strikes at mines in South Africa may push global platinum production below demand this year, erasing expectations of a surplus, according to TD Securities Inc.
The shortfall in 2012 may be about 200,000 ounces, Bart Melek, the Toronto-based head of commodity strategy at TD Securities, said today in a telephone interview. Earlier, he predicted a surplus of 216,000 ounces. Last year, output exceeded demand by 430,000 ounces, he said...............................................Full Article: Source
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