Palladium Rallies as 2013 Deficit Expectations Grow
Palladium – ETF Securities reported that palladium is rallying on the back of increasing expectations of a "meaningful" palladium deficit in 2013.
Palladium – ETF Securities reported that palladium is rallying on the back of increasing expectations of a "meaningful" palladium deficit in 2013.
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.
Palladium – Thomson Reuters GFMS' recently released Platinum & Palladium Survey 2013 reveals that palladium recorded its highest deficit in 11 years in 2012 and is likely to remain in deficit this year.
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.
Palladium – A brief overview of palladium price developments, supply and demand and significant market movers.
Palladium – Reuters reported that palladium rose 0.4% at $751.22 and analysts forecast strong fundamentals for the metal due to positive economic outlook, and a decrease in palladium supply in Russia.
Palladium – Bullish sentiment toward palladium is prevalent among analysts, and many are predicting supply deficits and price increases in 2013 and beyond.
Palladium – A Johnson Matthey report predicting a palladium deficit in 2012 has prices on the rise.
Palladium – Business Insider reported an interview with George Topping and Michael Scoon who say palladium and platinum are experiencing a change in price on short supply and high demand.
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