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    market news

    Japan Targeting Platinum, Palladium in Trades

    Investing News Network
    May. 16, 2012 03:37PM PST
    Precious Metals

    Reuters reported trading houses in Japan are targeting platinum and palladium on the expectation there will be shortages later this decade on increased demand for vehicles.

    Reuters reported trading houses in Japan are targeting platinum and palladium on the expectation there will be shortages later this decade on increased demand for vehicles.

    As quoted in the market news:

    Japan’s trading houses are targeting deals to secure platinum and palladium supplies to meet expected shortages later this decade, when tighter rules on auto pollutants and higher car sales boost demand for the metals used in autocatalysts.

    Click here to read the full Reuters report.

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