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The Business Insider reported that palladium is now considered the new platinum, with Russia and South Africa being the world’s biggest suppliers.
The Business Insider reported that palladium is now considered the new platinum, with Russia and South Africa being the world’s biggest suppliers.
As quoted in the market news:
According to a report written by Alex Bryan, an ETF specialist at Morningstar, “In combination with supply-side constraints, a rebound in global auto production and the substitution of palladium for platinum in the light diesel market may increase demand and put upward pressure on palladium prices.”
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