Johnson Matthey Sees Palladium Deficit in 2012

Precious Metals

Mining Weekly reported a review of the platinum and palladium markets by Johnson Matthey which predicts a deficit in palladium for 2012.

Mining Weekly reported a review of the platinum and palladium markets by Johnson Matthey which predicts a deficit in palladium for 2012.

As quoted in the market news:

The palladium market experience a 1.26-million ounce surplus in 2011, with supplies of palladium remaining almost flat at 7.36-million ounces during the year. Gross demand for palladium fell by 13% last year to 8.45-million ounces.

Click here to read the full Mining Weekly report.

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