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    market news

    Palladium Demand Drops 17.3 pct in China

    Investing News Network
    May. 18, 2010 07:40PM PST
    Precious Metals Investing

    Metal palladium gross demand fell 17.3 percent from China’s consumption of 24.3 percent in 2009, according to the Chinese jewelry sector.
    Johnson Matthey, world leader in advanced materials technology is quoted saying:
    “The retail picture for palladium jewellery is still mixed within China.  Palladium retains a strong position in some provinces, particularly in the West and North-East […]

    Metal palladium gross demand fell 17.3 percent from China’s consumption of 24.3 percent in 2009, according to the Chinese jewelry sector.

    Johnson Matthey, world leader in advanced materials technology is quoted saying:

    “The retail picture for palladium jewellery is still mixed within China.  Palladium retains a strong position in some provinces, particularly in the West and North-East of the country but is rarely seen on sale in the more affluent Eastern provinces.”

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