Palladium – ETF Securities reported that palladium is rallying on the back of increasing expectations of a "meaningful" palladium deficit in 2013.
Articles Tagged "deficit"
Platinum – Bloomberg reported that last year, platinum saw a shortage of 375,000 ounces, the biggest since 2002, largely due to strikes and work stoppages in South Africa, as per information in a report released today by Johnson Matthey.
Palladium – Mining Weekly reported that Norilsk Nickel OAO (MCX:GMKN), the world's top palladium producer, thinks that in 2013 the palladium deficit will rise 25 percent on the back of falling supplies. That will bring the deficit up to about 1 million troy ounces.
Platinum – Bloomberg reported that in 2012, platinum fell into deficit for the first time since 2004, according to Thomson Reuters GFMS. Consumption of the metal rose 1 percent, hitting 7.19 million ounces, in part due to expanded jewelry demand.
Palladium – Bloomberg reported that in a report released Thursday, Thomson Reuters GFMS said that palladium recorded the highest deficit in 11 years in 2012. The deficit was caused by increased demand and less supply as a result of strikes at South African mines.
Palladium – Nick Brooks of ETF Securities revealed that investors are moving out of gold ETFs to focus on more cyclical metals like palladium.
Zinc – The removal of zinc from storage warehouses may have more to do with the use of zinc for financing than surging demand.
Zinc – Zinc mining investment is starting to grow in light of impending shortages in years to come. While dominant zinc-producing markets like Peru and Canada will continue their lead roles, other markets are also coming along for the ride.
Tin – Tin and nickel have been in a battle for the highest priced non-precious metals traded on the LME. Currently the price of tin on the LME is $23,450 per tonne, while nickel is priced at $21,645 per tonne. Comparing the supply and demand fundamentals of the two markets is essential.
Lead Investing News & Zinc Investing News report Chinese lead and zinc juniors aren’t interested in mergers and acqusitions. The Chinese government showed its support by providing a plan to encourage the non-ferrous industries to restructure and integrate. The government has also mentioned that it wants to support the industry’s larger companies, even if it [...]