Palladium Falls on Low China Imports

Reuters reported palladium fell on news that China imported less commodities in February than any month in nearly three years.

As quoted in the market news:

Palladium fell after data that showed February imports into China, the world’s largest consumer of commodities, fell to their lowest since December 2009.

Spot palladium was down 0.7 percent on the day at $683.97 an ounce, while platinum fell 0.5 percent to $1,639.50 an ounce.

Click here to read the full Reuters report.