| Global demand for rhodium, used mostly in catalysts to clean auto emissions, is poised to exceed output by the most in three decades as carmakers and chemical companies snap up supplies near the lowest prices in nine years.
Buying of the metal will top output this year by 78,000 ounces, the most since at least 1984, according to Deutsche Bank AG and Johnson Matthey Plc. Prices will halt a four-year drop, rising 4.8 percent to average $1,100 an ounce in the fourth quarter, a survey of 11 analysts shows. Goldman Sachs Group Inc. sees gains through 2017...............................................Full Article: Source
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