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Reuters reported Norilsk Nickel (LSE:MNOD) says palladium and platinum prices will rise in 2012 despite a current oversupply in the market place.
Reuters reported Norilsk Nickel (LSE:MNOD) says palladium and platinum prices will rise in 2012 despite a current oversupply in the market place.
As quoted in the market news:
Sprogis saw average palladium prices in 2012 around $780 per ounce, while platinum will reach about $1,600 per ounce, despite a surplus of production on the market.