Poor economy downplays fundamentally stable Palladium
Wed, Nov 19, 2008
Palladium Investing News reports palladium price has been hit hard with the poor economy.
With bleak economic prospects on the horizon, over the next six months, prices of precious metal palladium will likely be near 12-year lows of $125 an ounce. The world’s top platinum refiner Johnson Matthey estimated in an interim review that the palladium market would be in surplus by 320,000 ounces this year compared with a surplus of 1.655 million in 2007.
For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.
Tags: auto catalyst, automobile market, car makers, carbon emissions, catalysts, commodities, currencies, demand, economic prospects, exhaust systems, jewelery, metals, mining, palladium, platinum, price, prices, s, s refiner, vehicle emissions, vehicle exhaust
0 Comments For This Post
1 Trackbacks For This Post
November 19th, 2008 at 10:24 am
[...] the rest of this great post here [...]
Leave a Reply