Million Ounces of Palladium Will Hit This Year According to Johnson Matthey

Johnson Matthey study estimates that 960,000 ounces of palladium were sold from Russian state stocks during 2009. This is compared with mine supplies of 6.14 million ounces, or 7.77 million ounces of gross palladium demand.

The end of the study shows the sales of Russia and its shipments of palladium from Russia to Switzerland from 2007 to the 2nd half of 2008.  The sale has reached 3 million ounces.

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