Japan Targeting Platinum, Palladium in Trades

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.