Palladium Gains on Higher Demand in China

Bloomberg reported nickel and palladium are expected to gain on increased buying in China.

As quoted in the market news:

Aluminum, nickel, palladium and gold may benefit from China’s shift toward consumption-driven growth from an economy fueled by investment, while agricultural products are set to lag behind, according to Barclays Capital.

Commodities with so-called strong links to rising living standards and changing tastes such as coffee stand to gain from the transformation, analysts led by Kevin Norrish wrote in a report dated yesterday. The growth in demand for steel, copper and zinc may slow as their intensity of use drops, they said.

Click here to read the full Bloomberg report.

Get the Latest Palladium Investing Stock Information

Get the latest information about companies associated with Palladium Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Is-Gold-a-Good-Investment-Gold-Price-Forecast-2015There is no guide to gold that is more concise, clear and authoritative. Download our FREE Special Report, Is Gold a Good Investment? Gold Price Forecast 2015.
Comments

Leave a Reply