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North American Palladium Ltd. Message Board

  • tristrem tristrem Nov 13, 2012 1:32 PM Flag

    Palladium supplies forecast to be in deficit in 2013

    According to Johnson Matthey: "The balance of the palladium market is forecast to swing by over 2 million ounces this year from surplus to deficit, due to lower supplies, higher gross demand and less recycling. Supplies will contract mainly because of lower sales of Russian state stocks, while recycling will be constrained by subdued pgm prices. Gross palladium demand is predicted to rise to 9.73 million ounces, driven by a return to positive net physical investment and higher autocatalyst purchasing, moving the palladium market into a deficit of 915,000 oz... "

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